The New Jersey legislature is considering a bill designed to reduce foreclosures while providing new assistance to municipalities seeking to rehabilitate vacant properties. The bill (A-5130/S3244), titled the “New Jersey Foreclosure Prevention Act,” would create the New Jersey Residential Foreclosure Prevention Program within the state’s Housing and Mortgage Finance Agency (HMFA). The bill would enable …
The post New Jersey Considers Creating Program to Mitigate High Foreclosure Rates appeared first on DSNews.
Responses