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The Impact of HUD Housing Counseling Cuts On Minorities

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Hispanic Real Estate

Hispanic Real Estate


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Last April lawmakers cut $88 million in HUD-approved nonprofit counseling services. The cutbacks will have nationwide impact but who will suffer the most? Does housing counseling make a difference when a borrower falls behind? We'll look at the truth and consequences of the issue with the help of expert guests: Paul Leonard, the Center for Responsible Lending; Candace Mason of the National Foundation for Credit Counseling; Phyllis Caldwell, Center for Homeownership.