Housing Corp getting tough
The Housing Corporation has got tough with clients who are in arrears, and have begun holding l.iortgagee saies of properties. One house in Raetihi was sold earlier this month and several others afound the Wanganui area were also sold. "These saies are as a result of the Corporation getting to the end of the line with some of its mortgagors who have no
real interest in retaining their homes," said mortgage manager Paul Glenny. He said the corporation would continue to work actively with clients who were prepared to give their housing commitments "highest priority artd who had a genuine desire to keep a roof over their family's heads." On top of the seven saies to date, a further 20 are possible this financial year, he said. "If a client wishes > to retain their home (but are having difficulties) they should make urgent contact with the corporation and not just hope that things will come right," he said.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/RUBUL19910806.2.8
Bibliographic details
Ngā taipitopito pukapuka
Ruapehu Bulletin, 6 August 1991, Page 2
Word count
Tapeke kupu
162Housing Corp getting tough Ruapehu Bulletin, 6 August 1991, Page 2
Using this item
Te whakamahi i tēnei tūemi
Ruapehu Media Ltd is the copyright owner for the Ruapehu Bulletin. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Ruapehu Media Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in