Spice Glen Planned Unit Development
N/AOUTCOME: 36 Homes Saved From Foreclosure
WEST HARTFORD, CT
Mediation Lawyer at WEST HARTFORD, CT
Practice Areas: Mediation, Family ... +2 more
OUTCOME: 36 Homes Saved From Foreclosure
OUTCOME: 36 Homes Saved From Foreclosure
36-home Planned Unit Development with most under foreclosure due to rapidly increasing mortgage interest rates. Bank had enticed homeowners with low interest rate and affordable payments, which soon s ... kyrocketed and became unafforadable. Two-year case. The settlement awarded each homeowner a permanently affordable mortgage at the fixed rate they were initially promised, and other compensation.