With the mortgage crisis, it is a comfort to know that there are avenues opening to assist those homeowners in need.
The Post Gazette has an articel by Diane Nelson Jones about one of these new avenues —
When the mortgage company was threatening foreclosure on Mr. Kendrick’s mother’s house on Wylie, he said, “they told me they realized the house isn’t worth that second mortgage. They were demanding payment, and the turnaround came when Irene stepped in. Then it became negotiable.” Read the article