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Lawrence Journal World in Lawrence, Kansas

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This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

Lawrence Journal World

Location

Lawrence, Kansas, United States of America

Date

Nov 29, 2009

Page

3

Recession pushes seniors to more food pantries nationwide

Valerie Bauman reports older Americans facing fixed incomes crowd food pantries as retirement funds and nest eggs shrink. The shift is seen in rising senior aid requests, with 4.7 million households using pantries in 2008, up from 3.7 million in 2006, and California, Arizona, and New York agencies noting sharp increases.

Albany N.Y Marti Forman Fort Lauderdale Fla Ronald Shevchuk Ithaca U.S U.S. Department of Agriculture Virginia Skinner Association of Arizona Food Banks Phoenix Catholic Charities USA Shevchuk Mark Dunlea Hunger Action Network New York State New York City Coalition Against Hunger

Administration to intensify foreclosures effort nationwide

The Obama administration plans a broader foreclosure program to press mortgage companies to help homeowners stay in their homes. Treasury spokeswoman Meg Reilly said the expanded program will be announced on Monday and will include steps to boost servicer transparency and accountability to increase loan modifications for troubled borrowers.

Obama Treasury Meg Reilly Reilly

Treasury to pressure lenders on loan modifications

Industry officials say a new push will increase pressure on mortgage companies to accelerate loan modifications by highlighting firms lagging in the area. The Treasury plans to wait for permanent modifications before paying cash incentives to lenders that lower monthly payments.

The Treasury

Also Mentioned on This Page

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