ALBANY - Three dozen homeowners facing foreclosure in Orange, Sullivan and Ulster counties will get a chance at relief under a program in which the state is buying nearly 400 delinquent mortgages to help borrowers and prevent more vacancies in areas hurt by the housing crisis.Under the state’s $7.6 million Community Restoration Fund, local nonprofits will work with the borrowers on modifying mortgage amounts and terms so they can keep their homes.
Similar Stories to State To Buy, Modify 3 Dozen Delinquent Mortgages In The Region on Bing News
Leonard Sparks, Times Herald-Record
Fri, 08/18/2017 - 9:45am
Sections: u.s.
Topics: New York Orange County, NY Middletown
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