Connecticut Makes New Foreclosure Prevention Funds Available
The reasons why a family may have difficulty keeping up with mortgage payments are legion. Job loss, unexpected medical bills, a failed business venture and divorce are common factors in many foreclosures. But there are just as many strategies for stopping the foreclosure process and retaining ownership of a family home, including foreclosure mediation, bankruptcy and stripping a second mortgage.
Recent good news from the Connecticut Housing Finance Authority (CHFA) reveals that $33 million in federal aid will be made available to Connecticut homeowners who are facing ...