The Pioneer Press says more struggling homeowners in the Twin Cities are finding help. Experts say mortgage-restructuring programs and other counseling programs have existed for awhile, but more homeowners are either discovering them or just coming to terms with the fact they need them.
Sen. Franken to introduce Helping Homeowners Refinance Act
The legislation is meant to help homeowners refinance their mortgages to keep their homes and save money. Sen. Al Franken says "the federal government should be making it easier to refinance, not creating additional hurdles." The Minnesota Democrat plans to introduce the legislation on Monday.