Press Releases
Foreclosures

Gov. Beshear announces $1.3 million for Neighborhood Stabilization in Pennyrile Region

HOPKINSVILLE, KY – May 14, 2009 – (RealEstateRama) — Gov. Steve Beshear today announced that the Pennyrile Housing Corporation (PHC) has been awarded $1.3 million from the Neighborhood Stabilization Program (NSP) to stabilize communities that have suffered from foreclosures and abandonment

Governor Steve Beshear’s Communications Office

HOPKINSVILLE, KY – May 12, 2009 – (RealEstateRama) —Gov. Steve Beshear today announced that the Pennyrile Housing Corporation (PHC) has been awarded $1.3 million from the Neighborhood Stabilization Program (NSP) to stabilize communities that have suffered from foreclosures and abandonment.

Gov. Beshear announces grants to Lexington nonprofit groups

LEXINGTON, KY – April 21, 2009 – (RealEstateRama) — Gov. Steve Beshear today announced Neighborhood Stabilization Program (NSP) grants to two Lexington nonprofit groups; Community Ventures Corporation and the Hope Center. The NSP grant awards will help fund creative alternative uses for foreclosed and abandoned homes and property.

Gov. Beshear announces grants to Lexington nonprofit group

LEXINGTON, KY – April 17, 2009 – (RealEstateRama) — Gov. Steve Beshear today announced Neighborhood Stabilization Program (NSP) grants to two Lexington nonprofit groups; Community Ventures Corporation and the Hope Center. The NSP grant awards will help fund creative alternative uses for foreclosed and abandoned homes and property.

Gov. Beshear announces $37 million for communities, residents to combat home, property foreclosures

FRANKFORT, KY – March 02, 2009 – (RealEstateRama) — Gov. Steve Beshear today announced that Kentucky will use $37 million in federal funding to help communities respond to the effects of high home and property foreclosures in the wake of the country’s economic crisis

Governor Beshear Announces Over $1.5 Million Awarded to Help Homeowners Facing Foreclosure

LEXINGTON, KY – February 09, 2009 – (RealEstateRama) — Joined by Lexington Mayor Jim Newberry and Kentucky Housing Corporation (KHC) Chief Executive Officer Richard L. McQuady, Gov. Steve Beshear announced today that the Kentucky Homeownership Protection Center would receive a grant in excess of $1.5 million from NeighborWorks® America as a part of the federal Housing and Economic Recovery Act of 2008

Attorney General Conway Settles Allegations Of Predatory Lending With Countrywide Mortgage Company

KY – January 08, 2009 – (RealEstateRama) — Attorney General Jack Conway today announced a settlement resolving allegations of predatory lending practices against Countrywide Financial Corporation. Kentucky has joined other states requiring this sub-prime lender to provide loan modifications to assist up to 395,000 borrowers nationwide from a foreclosure relief fund of $150 million

Foreclosure Prevention Efforts Aren’t Keeping Up With Trends

FRANKFORT, Ky. – Industry measures to keep homeowners out of foreclosure are barely keeping pace with the rising rate of homeowners in trouble, according to the latest statistics collected by a group of state officials working to prevent home foreclosures.   

Data: U.S. Rep. Hill Can Act To Save 592 Homes In Congressional District From Foreclosure During Subprime Mortgage Crisis

Estimate of Number of Homeowners Who Could Save Home Based on Publicly Available Data from Center For Responsible Lending; Rep. Hill Urged to Support Pending Bills to Eliminate Unfairness in Mortgage Foreclosure Process. LOUISVILLE, Ky., Nov. 26 /PRNewswire-USNewswire/ — There is promising news today for distressed homeowners in the Jeffersonville area. The National Association of [...]