Foreclosure Reduction Act

Foreclosure protection law set to expire July 1, a bill would keep it in place

By Bob Plain on May 15, 2018

Nearly 10,000 homes went into foreclosure during the mortgage crisis in Rhode Island. Then, in 2013, the General Assembly passed the Foreclosure Reduction Act, which mandated banks to work with homeowners before repossessing property. Since then, the law helped some 600 Rhode Islanders avoid losing their homes. But the Foreclosure Reduction Act is set to […]

Posted in Featured, Housing, State House | Tagged citizens bank, Foreclosure Reduction Act, Messier, metts, mortgage, RI Housing, Wells Fargo | Leave a response

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Foreclosure Reduction Act

Foreclosure protection law set to expire July 1, a bill would keep it in place

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