Thousands of Iowans across the state might be eligible for one-time payment for homes that went into foreclosure. The more than 11,000 Iowa borrowers who lost their home to foreclosure between January 1, 2008 and December 31, 2011 are likely eligible for a payment under the $25 billion national mortgage settlement that Attorney General Tom Miller [...]
In an effort to reduce foreclosures, the Iowa House today approved a bill to provide more protection and information for Iowans purchasing a home. “In these tough economic times, middle class families deserve more financial security before taking out a mortgage. They need complete transparency from their mortgage broker or banker with full disclosure of fees, [...]
House Democrats today unveiled a package of initiatives to prevent home foreclosures on Iowa families. “Mortgage foreclosures are at an all time high because middle class families are being squeezed by the sluggish national economy,” said State Representative Phyllis Thede of Davenport. “Our plan will ensure that Iowans can get the support they need before they [...]