Attorney General Bill Mims awarded $50,000 for foreclosure relief counseling for Virginia families that are in danger of losing their homes to foreclosure Monday.
The grant funds are from a settlement in January 2009 with Countrywide Financial Corporation. The settlement addressed alleged deceptive acts and practices with Countrywide’s mortgage activities in Virginia. Under the court-approved settlement, Virginia set aside $50,000 for foreclosure education.
The $50,000 contribution will fund grants to nonprofit counseling agencies, and is projected to benefit about 200 Virginia families facing foreclosure. Read more about foreclosure help in Virginia…
