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Foreclosure Problem Exacerbated By Program Meant to Help

11/17/10 12:00PM By Jane Lindholm
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AP/David Zalubowski
Vermont has fared fairly well in the foreclosure crisis, compared to other states, ranking 50th in the nation in terms of foreclosure rates at the end of 2009 according to RealtyTrac.  Still, over the last few years, the number of foreclosures in Vermont has more than doubled. And a relatively new federal program designed to help people struggling with their mortgage payments has actually caused more problems than it's solved for many homeowners in the state. We look at why that is, and what is being done in Vermont to address these issues.

Send your questions, comments and experiences to vermontedition@vpr.net.  

And we talk to Dartmouth College professor John Rassias about the importance of teaching and learning languages.


foreclosures, economy, vermont_legal_aid, home_affordable_modification_program, hamp business politics

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Obama Program Meant to Help Homeowners Sends Many Into Foreclosure Vermont Legal Aid Vermont Homeownership Centers John Rassias
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