Los Angeles—The news of a more embracing set of guidelines from KYHCA, is most welcome and encouraging.
So many Californians have lost their homes because they did not fit into the stringent guideline requirements of KYHCA’s restrictive program even though there were plenty of resources available to help distressed homeowners. Those distressed homeowners losing their most precious lifetime asset, their homes, to banks and servicers utilizing fraudulent means to take over homes.
Those fraudulent activities continue today with little or no government oversight.
KYHCA’s new and proactive guidelines generate hope and finally relief to homeowners and communities up and down the State.
It is good when government supports its people first before the interests of Wall Street.
We Hope that the remainder $1.4 Billion Of the $2 Billion California received in 2010 can be used as quickly as possible and that more aid be allocated to help struggling homeowners.
We laud this accomplishment and all the effort that went into it.
Occupy Fights Foreclosures