Behind the Numbers – Home Improvement Lending in Cleveland

The federal government and the attorneys’ general of 49 states recently reached a joint agreement on a historic $25 billion settlement with the country’s five largest loan servicers for claims involving foreclosure misconduct. With this agreement, we can now look forward to phase two of the economic recovery: expanding access to affordable credit to facilitate home repairs and neighborhood sustainability. As recovery takes hold, preservation will become critical. For many, renovation and repair have been delayed and can no...

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