Issue Position: Saving Home Owners from Foreclosure
Issue Position
Issues: Housing and Property
In 2008, at the height of the Great Recession, predatory lenders were quick to foreclose on homeowners struggling to pay their bills. As Chair of the General Assembly's Banks Committee, Bob stepped in with a foreclosure mediation program that quickly prevented over 3000 Connecticut residents from losing their homes.
He also created the Mortgage Crisis Job Training Program, which helps borrowers increase their job skills to boost their income and become more financially stable.
Source