US EditionThe USDA wouldn’t let her give up her house and crushed her with debt
MAINE, JUL 18 – Since March, USDA filed 56 foreclosures targeting Maine’s poorest rural homeowners who owe an average of $110,000 more than their homes' value due to delayed government action.
8 Articles
8 Articles
USDA program for low-income homeowners driving Mainers into debt
Nearly all of the foreclosures filed by the USDA in recent months have targeted Maine’s poorest rural residents. (Photo illustration by Peter DiCampo/ProPublica. Source photos: Bangor Daily News. Document obtained by Bangor Daily News and ProPublica, highlighted by ProPublica.)This article was produced for ProPublica’s Local Reporting Network in partnership with the Bangor Daily News. This story appears as part of a collaboration between The Mai…
The USDA wouldn’t let her walk away from her home. Instead, it crushed her with debt • Maine Morning Star
Nearly all of the foreclosures filed by the USDA in recent months have targeted Maine’s poorest rural residents. (Photo illustration by Peter DiCampo/ProPublica. Source photos: Bangor Daily News. Document obtained by Bangor Daily News and ProPublica, highlighted by ProPublica.)This article was produced for ProPublica’s Local Reporting Network in partnership with The Bangor Daily News. Sign up for Dispatches to get stories like this one as soon a…
Lewiston Sun Journal
The USDA wouldn’t let her give up her house and crushed her with debt
The USDA failed to follow its own guidance for a rural mortgage program, taking years to foreclose on delinquent loans. As a result, 55 Maine borrowers racked up, on average, $110,000 in additional debt before the agency moved to take the homes.
The USDA wouldn’t let her give up her house. Instead, it crushed her with debt
The USDA failed to follow its own guidance for a rural mortgage program, taking years to foreclose on delinquent loans. As a result, 55 Maine borrowers racked up, on average, $110,000 in additional debt before the agency moved to take the homes.
The USDA Wouldn’t Let Her Give Up Her House When She Couldn’t Pay Her Mortgage. Instead, It Crushed Her With Debt.
The USDA took years to foreclose on delinquent mortgages, resulting in 55 Maine borrowers owing, on average, $110,000 more than they would have had the agency moved to take the homes earlier.
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