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DISB Issues Bulletin Offering Guidance on Saving District Homes Against Foreclosure

Washington, DC - November 30, 2010 - (RealEstateRama) -- The DC Department of Insurance, Securities and Banking (DISB) recently issued a bulletin* to inform licensed residential mortgage lenders and mortgage borrowers of the enactment of a new emergency law requiring mortgage lenders to go through six months of mediation with a homeowner before proceeding with a foreclosure.

Recent Gov & Nonprofit Real Estate Press Releases

Gooden Seeks Transparency in Kaufman County Housing Policies

Congressman Lance Gooden sent a letter to the Dallas Housing Authority requesting answers and greater transparency regarding housing placement trends and neighborhood concentration concerns in Kaufman County. The letter responds to concerns raised by homeowners in the Gateway Parks subdivision in Forney about Housing Choice Vouchers and federal housing policies contributing to increased institutional investor ownership and neighborhood instability