Nearly all of the foreclosures filed by the USDA in recent months have targeted Maine’s poorest rural residents. (Photo illustration by Peter DiCampo/ProPublica. Source photos: Bangor Daily News.
Nearly all of the foreclosures filed by the USDA in recent months have targeted Maine’s poorest rural residents. (Photo illustration by Peter DiCampo/ProPublica. Source photos: Bangor Daily News.
WASHINGTON, D.C. – The U.S. Department of Agriculture will extend eviction and foreclosure moratoriums on USDA Single Family Housing Direct and Guaranteed loans through June 30. These actions will ...
Some farmers could face foreclosure on USDA loans as soon as this fall, so the department may begin providing some newly authorized debt relief through a phased-in approach in order to address the ...
This story was originally published by ProPublica. ProPublica is a Pulitzer Prize-winning investigative newsroom. Sign up for The Big Story newsletter to receive stories like this one in your inbox.
The USDA failed to follow its own guidance for a rural mortgage program, taking years to foreclose on delinquent loans. As a result, 55 Maine borrowers racked up, on average, $110,000 in additional ...