Close

Not a member yet?Register now and get started.

lock and key

Sign in to your account.

Account Login

As Foreclosures Surge, Help Is Often Hard to Find

President Obama's new plan to help millions of people stay in their homes by refinancing their mortgages at low rates raised hopes of easing the housing crisis.

But federal budget cuts have sharply reduced the number of housing counselors who can help distressed homeowners in the nation's hardest hit communities. Banks that own the properties are slow to pick up the tab.

Publication Date: 
Thursday, November 3, 2011
Source: 
NPR
News Media Category: 
Press Release: