VHFA Executive Director Sarah Carpenter was interviewed for a couple of TV news stories regarding President Obama's economic recovery package.
Fox 44 in Colchester and WCAX Channel 3 in Burlington spoke with Sarah following the president's talk in Arizona yesterday.
"It's very easy to blame homeowners who may have gotten in over their head in debt, but it's even a greater cost if we have to push them out of their homes and foreclose upon them," Sarah told Channel 3.
"So if there's a rational way to reduce monthly payments, keep people on track, that's good for everybody."
Vermont has the lowest foreclosure rate in the country, due, in part, to Vermonters avoiding subprime and other risky mortgage deals.
If you're having trouble making your monthly mortgage payment, contact your lender ASAP.
The Vermont Department of Banking, Insurance, Securities & Health Care Administration also offers assistance, outlined on BISHCA's Web site.
You can read scripts for the two TV news stories: