Housing

Recent Grant Announcements

| Posted in Blog
Tags: Housing

These grant announcements are just a few that were recently announced for Georgia.  If you are interested to know more about federal grant applications, please visit Congressman Scott's grant page at: /constituentservices/grants.htm  On August 15, the US Department of Health and Human Services (HHS) announced grant awards to health care Navigator grant…

Neugebauer and Scott Introduce Bipartisan Legislation to Streamline Insurance Licensing

| Posted in Press Releases
Tags: Housing

Congressman Randy Neugebauer (R-TX) joined Congressman David Scott (D-GA) to introduce the National Association of Registered Agents & Brokers Act of 2013 (NARAB II), which would streamline the insurance agent licensing process. “The NARAB Reform Act will create a more efficient, modern, and workable system of insurance agent licensing,” Congressman Neugebauer said. “That allows…

Saving Your Home

| Posted in Blog
Tags: Housing

Home foreclosures are declining and property values are increasing in Georgia.  Yet, many neighborhoods around metro Atlanta are still working to return to full strength.  Congressman Scott has been promoting programs to help individual homeowners and communities deal with the financial epidemic of foreclosures and falling home values.  Just this past January, a major…

Congressman David Scott Announces Help for Homeowners Event

| Posted in Press Releases
Tags: Housing

Congressman David Scott [GA-13], in partnership with the U.S. Departments of Treasury and Housing and Urban Development (HUD), is pleased to announce the upcoming Making Home Affordable “Help for Homeowners Event” in Atlanta on Friday, January 25, 2013.  Homeowners who are struggling to make mortgage payments or refinance should attend to meet in-person with mortgage servicers and…

Flood Insurance is Extended for Five Years

| Posted in Press Releases
Tags: Housing

On Friday, the US House passed H.R.4348, which reauthorizes the National Flood Insurance Program (NFIP) for five years.  NFIP is the primary source of reliable, affordable flood insurance coverage for millions of American homes and businesses. The bill includes an amendment by Congressman Scott to allow NFIP premiums to be paid in installments. You can watch a clip of Congressman…

Helping Atlanta Homeowners Avoid Foreclosure

| Posted in Blog
Tags: Housing

Last week, in College Park, 1,478 homeowners attended the “Help for Homeowners Event” at the Georgia International Convention Center. It was the fourth time the Obama Administration has sponsored an event for struggling homeowners in the Atlanta area. In total, 8,065 homeowners have been helped at events in Metropolitan Atlanta, and more than 275,000 families in the area have received…

Congressman David Scott Announces Two-Day "Help for Homeowners Community Events”

| Posted in Press Releases
Tags: Housing

Congressman David Scott [GA-13], in partnership with the U.S. Departments of Treasury and Housing and Urban Development (HUD), will host the powerful two-day “Help for Homeowners Community Events” on Friday, June 1, 1:00pm-8:00pm and Saturday, June 2, 9am-3pm.  These events will take place at the Georgia International Convention Center in College Park. These events are free…

Mortgage Help is still Needed

| Posted in Opinion Pieces
Tags: Housing

A version of this column was submitted as part of the CBC weekly editorial. Before President Obama took office, America was already in a recession. Four years later, we are finally seeing a gradual recovery with lower unemployment rates and better returns on retirement plans. Yet, we still see many communities struggling with mortgage foreclosure problems. In the 1990s, we saw…

Major Mortgage Relief for Georgia Homeowners

| Posted in Blog
Tags: Housing

Federal and state governments recently settled a major agreement with the country’s five largest mortgage servicers: Ally/GMAC, Bank of America, Citi, JPMorgan Chase and Wells Fargo.  Over the next three years, the settlement funds will be used for: principal reduction and loan modifications - up to $17 billion in direct relief; refinancing at lower interest rates -…

New Help For Homeowners

| Posted in Blog
Tags: Housing

Two major policy changes have been announced that could help millions of homeowners.  First, Fannie Mae and Freddie Mac recently announced a series of changes to the Home Affordable Refinance Program (HARP) to allow more borrowers refinance their home mortgage. Second, a consent order with federal regulators and banks have resulted in an Independent Foreclosure Review. …