Mortgage Refinance Bills Would Save $1.2 billion for 346,507 Virginia Homeowners
July 18, 2012
“These bills will benefit Virginia’s families significantly,” says Ali Faruk, Director HOME’s Center for Housing Leadership, “Given how the weak housing market continues to be a drag on our economy, we need to do all we can to make the housing market stronger. Helping Virginia homeowners refinance will reduce household debt and boost the economy.”
Report Evaluates Virginia Housing Crisis & Impact of American Jobs Act
October 17, 2011
The Center for Housing Leadership at Housing Opportunities Made Equal of Virginia Inc (HOME) released a report today entitled “Virginia’s Neighborhoods and the American Jobs Act.” This report evaluates “Project Rebuild” in the American Jobs Act which provides for $15 billion to rehabilitate and refurbish vacant and foreclosed homes and businesses. The report analyzes which communities in Virginia have been hardest hit by the housing crisis and could benefit the most from this portion of the American Jobs Act.
Year-Long Scam Investigation and Tips to Avoid Scams
April 6, 2011
Read the full report here.
Trust in Lending Act – HB 1776
January 8, 2009
Delegate Jennifer McClellan and Senator Donald McEachin filed legislation today to add a layer of protection for Virginia homeowners when dealing with mortgage brokers. The Trust in Lending Act (H.B. 1776) requires mortgage brokers in Virginia to act in the best interest of their clients.
Video: HOME Hampton Roads Press Release 2008
November 25, 2008
HOME releases 2008 Hampton Roads Audit Results (video)
HOME releases 2008 Hampton Roads Audit Results
October 9, 2008
Year-long fair housing audit by Housing Opportunities Made Equal shows increased number of discrimination and illegal barrier problems
Virginia’s Foreclosure Rescue Scam Law Now in Effect
July 24, 2008
The rise in foreclosures has spawned a new industry that takes advantage of vulnerable homeowners afraid of losing their homes. It is called the foreclosure rescue scam. Homeowners are tricked into paying for non-existent services, losing equity, or losing the home.