Stop the foreclosure proceeding on the Banks Family. Mr. and Mrs. Banks were not informed as to how their no-money-down loan worked. Mrs. Banks did not ask to get cancer. They now owe more than their house is worth. Renegotiate their loan so that they can stay in their home.
Why is this important?
A Lincoln, Nebraska family is about to lose their home because the wife and mother in the family has cancer, and they no longer have the ability to make the payments on their sub-prime adjustable rate mortgage. The mortgage company will not work with them to help them keep their home. This is a time to negotiate--not foreclose.
