Paulson tells Robert Siegel that the Treasury Department and Department of Housing and Urban Development will work with mortgage companies, financial counseling groups and other nonprofits to determine at-risk borrowers and contact them in advance to offer help refinancing.
Through my work at a U.S. Department of Housing and Urban Development certified housing counseling agency, I have seen first-hand the devastation to families that lose their home.
After not receiving a corporate firm job offer in the downtrodden industry, Scott Greenwood, set to graduate this spring from the University of Southern California's Gould School of Law, will instead work for the U.S. Department of Housing and Urban Development.