Housing experts caution public about foreclosure mailings

(Herald Journal) Logan housing assistance experts are cautioning the public about mailed advertisements that promise homeowners a sure way out of foreclosure trouble.

Neighborhood Nonprofit Housing Corporation Executive Director Kim Datwyler says Cache Valley residents are receiving letters that appear to come directly from the U.S. Department of Housing and Urban Development, or HUD. She says the letters aim to convince borrowers that the terms of their home loan can be adjusted for a fee and that protection against foreclosure is guaranteed.

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