foreclosure

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Over 150,000 New York homeowners face potential foreclosure every year.
foreclosure
Legislation to Fight Theft and Property Consultant Scams Faces No Official Opposition; Passed Assembly Unanimously, is on Senate Floor - Needs Vote
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Are you a homeowner who is concerned about the cost of home maintenance or repairs? Are you worried about paying your property taxes or where you will find the funds to accommodate increasing costs on a fixed income? Are you finding it difficult to keep up with your mortgage payment? You are not alone. About 29% of senior homeowners in Washington are “cost-burdened,” which means they spend more than 30% of their monthly income on housing costs. The good news is that help is available.
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By Cathleen MacCaul, Advocacy Director, AARP Washington
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Between 2005 and 2013, scores of D.C. residents lost their homes because they couldn’t afford to pay small property tax bills. Now, the D.C. government is paying $1 million to settle a class action lawsuit brought by such former homeowners to stop tax-lien investors from taking homes through foreclosure.
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3.5 M Could Miss Middle Class Retirement; AARP Urges State-Facilitated Workplace Retirement Savings Option; Backs Proposals to Fight Elder Financial Exploitation
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In a state previously riddled by a lengthy foreclosure process, a law that took effect Aug. 30 has begun to shorten the duration and help homeowners avoid snowballing interest charges and penalties.
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Contacts: Erik Kriss 518-360-9213, ekriss@aarp.org, David Irwin 202-230-4685, dirwin@aarp.org
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