Vermont Edition
VPR News
Banks see increased demand for mortgages
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Officials say Vermont banks are in generally good shape and have enjoyed a boost in business in recent weeks. As VPR’s Ross Sneyd reports, deposits have grown and the demand for loans has strengthened.VPR News
Interview: Tom Candon on loan modification services
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It’s a new year but the hard times of 2008 continue for many people struggling to make mortgage payments in this economic downturn. And Vermont’s Deputy Banking Commissioner Tom Candon says his office has heard from a lot of people recently taken in by exploitative loan modification services.VPR News
State warns of mortgage scams
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Vermont regulators are warning people about new scams in which companies offer mortgage help to cash-strapped homeowners only to bilk them of money later.VPR News
Foreclosures up over last year
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The number of mortgage foreclosures in Vermont is slowing down, but it’s still ahead of last year.VPR News
Foreclosure numbers up in first quarter of 2008
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First, the good news: A new Pew Center Research study predicts Vermont will be one of the states least affected by the national foreclosure crisis in the coming year. Now for the not so good: new tracking data since January of 2007 reveals an uptick in the number of foreclosures in the state. Tom Candon is Vermont’s Deputy Commissioner of Banking.VPR News