Reed unveils bill to help homeowners in trouble

HOMEOWNER Eleanor Martin, who managed to escape an ARM whose payments would have risen beyond her means, spoke at U.S. Sen. Jack Reed's unveiling of legislation to expand federal foreclosure-prevention services. /
HOMEOWNER Eleanor Martin, who managed to escape an ARM whose payments would have risen beyond her means, spoke at U.S. Sen. Jack Reed's unveiling of legislation to expand federal foreclosure-prevention services. /
In response to climbing foreclosure rates in Rhode Island and around the nation, U.S. Sen. Jack Reed has helped to create HOPE, in the form of a $615 million program to assist homeowners as they try to stay in their homes. Reed unveiled his Homeownership Protection and Enhancement Act on May 14 at a press…

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