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Huge Majority Want Banks to Take Hit

Destin, FL - November 8, 2011 - (RealEstateRama) -- An over-whelming majority of those surveyed want banks to be forced to modify mortgages to aid the ailing U.S. economy and help homeowners at risk of foreclosure. That’s the finding of a just released poll which asked respondents whether banks should take the hit for errors they made handing out loans to anyone who could sign their name on the bottom line.

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Rep. Tlaib celebrates housing bill becoming law

The bipartisan 21st Century ROAD to Housing Act, which includes the Housing Our Communities Act introduced by Congresswoman Rashida Tlaib (MI-12), goes into effect tomorrow after President Donald Trump refused to sign it for 10 days. The Housing Our Communities Act will directly help our local communities increase the supply of affordable housing by providing federal grants to local, regional, and state governments to support development.