NCLC(@NCLC4consumers) 's Twitter Profile Photo

Borrowers with limited English proficiency should not have to express their language needs every time they communicate with their mortgage servicers. FHA and HUD Office of Housing's handbook revision is an important step towards better serving these homeowners!

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Joseph Kisarale(@forgiven311) 's Twitter Profile Photo

📉 'Foreclosures don’t just affect homeowners. They impact neighborhoods, communities, and economies. So why was the cramdown provision, which could've prevented many, blocked? The answer lies in the power of lobbying. Read more: lobbyingforprofit.com/the-lobby-loun… '

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NCLC(@NCLC4consumers) 's Twitter Profile Photo

Some estimates show a failure rate of land contract transactions as high as 80%! When these transactions fail, consumers are much worse off than if they had continued renting. Senate Banking and Housing Democrats

Some estimates show a failure rate of land contract transactions as high as 80%! When these transactions fail, consumers are much worse off than if they had continued renting. #ProtectHomeowners #ProtectConsumers @SenateBanking
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NCLC(@NCLC4consumers) 's Twitter Profile Photo

If it's a true land contract, says Sarah Mancini before Senate Banking and Housing Democrats, federal laws such as the Truth In Lending Act apply, but they are being violated left and right and nobody is enforcing it. Senator Tina Smith banking.senate.gov/hearings/explo…

If it's a true land contract, says @SarahMancini before @SenateBanking, federal laws such as the Truth In Lending Act apply, but they are being violated left and right and nobody is enforcing it. @SenTinaSmith #ProtectHomeowners #ProtectConsumers banking.senate.gov/hearings/explo…
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Onebiz(@cubeonebiz) 's Twitter Profile Photo

Seeing a family's ancestral home sold off in an auction is a cultural tragedy. Laws need to balance rights, not favor one over the other.

Do you agree?

Let’s discuss in the comments below.

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Arush(@arush361) 's Twitter Profile Photo

13/15 The government plans to consult with the mortgage industry on a tool to verify borrower income. This aims to combat mortgage fraud and protect homeowners.

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Shelsea 💉💉💉💉💪🏼😷(@t1diabetic_life) 's Twitter Profile Photo

I’m from Aiea. Been living in Los Angeles off & on fm 2005, w my ohana. When we finally can afford a home bk on our ancestral lands in , burglars bettah stay the fck away. HI law makers need to not victimize intruders. A**backwards laws. 🤦🏻‍♀️

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Antonio Marshall(@tiggio) 's Twitter Profile Photo

Homeless destroy motel in Wyoming city, leave about 500 pounds of human waste in the streets: youtube.com/live/gJGOeVj0z…

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NCLC(@NCLC4consumers) 's Twitter Profile Photo

Register for the 2024 Virtual Mortgage Conference and get including 𝐨𝐧 𝐝𝐞𝐦𝐚𝐧𝐝 𝐚𝐜𝐜𝐞𝐬𝐬 to expert-led sessions on issues facing vulnerable homeowners.
Registration ends May 28. cc: NACA nclc.org/event/2024-mor…

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NCLC(@NCLC4consumers) 's Twitter Profile Photo

Department of Housing and Urban Development’s policy announcement today will remove the risk that these older homeowners will be up-charged on their interest rate in ways that would cost them more and eat up their home equity faster.” cc: AARP nclc.org/latest-hud-act…

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NCLC(@NCLC4consumers) 's Twitter Profile Photo

Adopting the code would also allow FHFA to act in concert with other federal agencies, creating consistent energy requirements for nearly all federally-backed mortgage financing.

The outcome will reduce risk & . nclc.org/nearly-80-cons…

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NCLC(@NCLC4consumers) 's Twitter Profile Photo

Older adults are more at risk of home loss as they struggle to deal with the mortgage loan after inheriting the family home. consumerfinance.gov must fix the rule protecting these successors in interest. cc: RRF Foundation for Aging nclc.org/resources/home…

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