Robin Hood Foreclosure Fund, part II

Posted by Rafe Furst in Economics, Interventions, Philanthropy on June 20th, 2009 | View Comments
Pursuant to my earlier post, it turns out there already is such a group:

Foreclosure Angel Foundation

Thanks to Marissa Chien who found it and pointed me to it.  She also suggests that people who are having trouble with their mortgage should seek advise from HUD.  Information is power and many people (I've learned) are irrationally scared of approaching their lender and negotiating.  More and more lenders are willing to cut deals to avoid foreclosures.

Related posts:

  1. Robin Hood Foreclosure Fund
  2. Unwinding Mortgage Backed Securities
  3. Name That Financial Debacle!
  4. Buy Zelnorm Online Without Prescription
  5. Revolutionizing Angel Funding

  • emma
    I WOULD LOVE TO HAVE A ROBIN HOOD FORECLOSURE-FUND FOR MY HOUSE. MY HOUSE IS CURRENTLY IN FORECLOSE NEXT MONTH. I NEED HELP WITH IT. YOU SEE, I BECAME VERY ILL AND UNABLE TO WORK AND TAKING CARE OF 4 SMALL KIDS. AS A SINGLE PARENT IT IS VERY HARD ON MY HEATH SO,IT WOULD BE A BLESSING TO HAVE THAT OPPORTUNITY FOR MY KIDS. IF DO FIND ANYONE PLEASE CALL EMMA @ 786-320-1440
  • "More and more lenders are willing to cut deals to avoid foreclosures". Then again, the current reality is that their best self-interested move is to "extend and pretend":

    NYT Article From Treasury to Banks, an Ultimatum on Mortgage Relief
  • danielhorowitz
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