Countrywide settlement helps pay for debt counseling
By News in Brief
Published: July 6, 2009
Virginia families facing home foreclosure will be eligible for debt counseling funded in part by a legal settlement with Countrywide Financial Corp.
Attorney General Bill Mims’ office said $50,000 is being set aside to supplement funds allocated by the Virginia Housing Development Authority and the Department of Housing and Community Development. VHDA will administer the grant program, which is expected to help about 200 families.
The $50,000 is part of the January settlement with Countrywide, which addressed alleged deceptive acts and practices related to the company’s mortgage activities in Virginia.
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Credit Counseling Angie says:Posted on 07/20/09 at 4:16 pm
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I wonder if I could have the govt come in and give me a “bailout” for my bills…