Thanks
for checking the programs and technical assistance offered by
UEDA. UEDA supports housing and economic development initiatives
that revitalize Wisconsin communities. We build capacity in the
housing and economic development field through professional
training, innovative solutions, policy advocacy and
collaboration.
Foreclosure Prevention & Predatory Lending Resources
In July 2007, UEDA helped convene the Predatory
Lending & Foreclosure Prevention Task Force, with the U.S.
Department of Housing and Urban Development (HUD). This group of
concerned professionals from the housing industry began to
discus responses and solutions to the many issues affecting
individual homeowners and neighborhoods as the result of
sub-prime loans, inflated appraisals, foreclosure rescue
schemes, and other predatory behavior that has contributed to
extraordinarily high foreclosure rates in our communities. In
September 2008, UEDA participated in the Milwaukee Foreclosure
Partnership Initiative, by chairing the Prevention work group
and developing a set of recommendations to help mitigate the
future impact of foreclosures.
These approaches include consumer & homeowner outreach and
education, legislative advocacy, and working with lenders and
financial institutions to form real solutions for individuals
and families affected by this crisis. Listed below are a few
resources that you and/or your organization can use to assist
those in trouble. These RESOURCE FLYERS contain information on
the reputable sources of help for homeowners and consumers, and
were compiled by UEDA and other partners.
Click the links below to access these flyers – please pass
them along to friends, colleagues and neighbors! You may also
visit the following website to access information on the new
Making Home Affordable Program, launched by the Obama
Administration earlier this year:
www.makinghomeaffordable.gov
- Tips for Avoiding Foreclosure
(PDF)
- Consumer Action News – Fighting Foreclosure
(PDF)
- Metro Milwaukee Consumer Resources for Foreclosure
Assistance
(PDF)
- Statewide Consumer Resources for Foreclosure Assistance
(PDF)
- Federal Trade Commission Info on Scams
(PDF)
- HUD Scam Alert Brochure
(PDF)
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