New program helping homeowners with foreclosure - WSMV News 4

New program helping homeowners with foreclosure

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NASHVILLE, Tenn. (AP) - The Legal Aid Society has launched a new initiative to help Tennessee homeowners dealing with foreclosure and mortgage rescue scams.

The expanded project is funded through an agreement with the state attorney general's office.

The money is the result of a nationwide settlement between state attorneys general and major banks that engaged in questionable mortgage practices.

The Legal Aid Society has successfully helped Tennessee families with mortgage and foreclosure problems for many years, but the new collaboration expands its work in that field.

Officials say the new initiative will allow Legal Aid Society to help some families who have incomes higher than its usual eligibility limits.

The Legal Aid Society gives people free civil legal help. It is funded by grants from the U.S. Legal Services Corp., local United Ways and other public and private sources.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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