Lots of people talk about Bank of America foreclosure because many of the homes have been foreclosed by Bank of America. When home values went up, Bank of America was giving mortgages to many people to buy homes. Now that the home values have dropped significantly, people cannot afford their mortgage payments and Bank of America forecloses on their homes.
With the current housing market problem and more people in foreclosure, there are more and more people who need help to save their homes. Helping people in foreclosure is a priority in order for the economy to recover. One problem is that most people who need help with foreclosure do not want help until it is too late.
There are many ways of how churches can help people going through foreclosure. Sometimes, people going through foreclosure need help beyond monetary. They need to have faith and need to believe that things will be alright. Churches can be there for these people and helping them through hard times.