Foreclosure activity at a low point

Maryland Legal Aid’s Foreclosure Legal Assistance Project director Vicki Taitano was quoted in the Washington Post May 13 about the falling rate of foreclosure activity in the D.C. area. “For some troubled borrowers, the delays [in the foreclosure process] have given [borrowers] hope of hanging onto their homes,” Taitano told the Post. “Those who fell behind on their mortgages because they lost their jobs, for instance, have more time to look for work.” To read the article, click here.

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