This opinion piece by LeeAnn Hall originally appeared in the Seattle Times. By LeeAnn Hall and Will Pittz While the recession officially ended in 2009, there are still over 9 million households across the country with homes worth less than the value of their mortgage. There are still neighborhoods in Seattle where more than 20Continue reading “Changing the Way We Help Underwater Homeowners”
Tag Archives: principal
Bank of America Settlement Could Fund Principal Reduction Programs
It has taken six years and dozens of lawsuits and settlements after the largest housing collapse since the Great Depression – and finally we may have a way to set up and implement local principal reduction programs in cities across the country. September has brought us what is expected to be the last of theContinue reading “Bank of America Settlement Could Fund Principal Reduction Programs”