(Download) "Stemming the Subprime Crisis: The North Carolina Foreclosure Prevention Project" by Stanford Law & Policy Review ~ eBook PDF Kindle ePub Free
eBook details
- Title: Stemming the Subprime Crisis: The North Carolina Foreclosure Prevention Project
- Author : Stanford Law & Policy Review
- Release Date : January 01, 2009
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 69 KB
Description
INTRODUCTION In August 2008, Governor Mike Easley of North Carolina signed House Bill 2623 and established the North Carolina Foreclosure Prevention Project, a program he described as "the first of its kind in the nation." (1) In announcing the new program, the Governor stated that it would keep as many as 25,000 families in their homes over the next two years. (2) The new law became effective on November 1 and has slowly started to gain notice among politicians and policymakers. Governor Easley has briefed the National Attorneys General Association, fellow governors, and even President Obama on the program. (3) Additionally, the National Governors Association Center for Best Practices has issued a "backgrounder" describing HB 2623, in an attempt to raise awareness of the legislation within the policymaking community. (4)