Springboard Nonprofit Consumer Credit Management, Inc. is expanding services available for home-loan borrowers who need help with recent or upcoming increases on their Home Equity Line of Credit or second mortgage payments.
Borrowers who suffered significant financial hardships in recent years are not completely 'out' when it comes to buying homes again, says Heather Shanahan, a representative with housing counseling agency Springboard.
Layton has over 35 years of experience in financial services and as a corporate leader. He worked for nearly 30 years at JPMorgan Chase and its predecessors, starting as a trainee and rising to vice chairman and member of the three-person Office of the Chairman, retiring in 2004..
"The questions become, ‘Do the courts find a distinction between housing policy and lending, as in whether to make a loan and how you price that loan? Does the government get broader discretion than the private sector?’ ” Andreano said. “It’s not fleshed out.” Read More