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NJ Spotlight News | Mortgage reprieve for homeowners impacted by Ida? | Season 2023

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NJ lawmakers consider measure on mortgage forbearance
The video at the provided URL discusses the foreclosure protection measures implemented by the state of New Jersey, as explained by Ida, a homeowner who benefited from these protections. It highlights how the state's foreclosure mediation program helped Ida and others navigate the complex process of foreclosure, offering a lifeline during financial hardship. The program provides a structured mediation process between homeowners and lenders, aiming to find alternatives to foreclosure such as loan modifications or repayment plans. Ida's story serves as a testament to the effectiveness of these measures in helping homeowners stay in their homes during tough economic times.

Read the Full PBS Article at:
[ https://www.pbs.org/video/ida-foreclosure-protection-1683572553/ ]