Lucio Bill To Protect Low-Income Homebuyers Passes Senate
Today, Senator Eddie Lucio, Jr. (D-Brownsville) announces Senate passage of a bill to assist homebuyers who use seller-financed loans. The bill would ensure that borrowers get annual account information like that provided to borrowers who use traditional bank loans. Annual statements allow borrowers to more easily keep up with their payments and protect against potentially losing their home. Continue Reading »