New Hampshire
Congressman Paul Hodes has introduced a bill to address the home foreclosure
crisis and guard against the potential misuse of taxpayer dollars.
New Hampshire housing advocates say they’ve noticed a troubling trend, the
mortgage crisis is spreading to prime borrowers.
Most of the
foreclosures in New
Hampshire stem
from subprime mortgages made to borrowers who don’t qualify for traditional
loans, usually because of bad credit or low income.
