Kucinich Announces Protection for Homeowners


by Congressman Dennis Kucinich
Washington, Oct 21, 2010

Legislation Will Create Accountability for Banks who Race to Foreclose Without First Attempting to Work With Troubled Homeowners

Congressman Dennis Kucinich (D-OH) today announced that he is preparing legislation to force lenders to halt foreclosures of owner-occupied residential homes until lenders have certified that they have complied with their contractual obligations to try to reduce eligible borrowers’ monthly payments, using one of several government-sponsored foreclosure prevention programs.

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