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Article filed under The Public Good | Written by David Morris | No Comments | Updated on Mar 26, 2012

Boston Community Capital Shows the Way on Foreclosures

The content that follows was originally published on the Institute for Local Self-Reliance website at http://www.ilsr.org/boston-community-capital-shows-the-way-on-foreclosures/

While the nation’s biggest banks, with a taxpayer bailout of more than $2.5 trillion and counting, continue to refuse to write down the principal on a mortgage to allow people to stay in their homes, Boston Community Capital (BCC) is showing what is possible.  This small non profit is buying houses out of foreclosure, selling… Continue reading