Foreclosure fix: 'The Last Chance Mortgage'

How we got into this mess and how to get out

Inman News

NEW YORK -- The U.S. housing market is in bad shape, but John H. Vogel Jr. is a man with a plan.

Vogel, a permanent adjunct professor for the Tuck School of Business at Dartmouth College who spoke during the Real Estate Connect NYC conference Thursday, shared his proposal for saving millions of homeowners from foreclosure through a "Last Chance Mortgage" program.

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