Assembly committees plan joint hearing into foreclosure problems

TRENTON – Two Assembly committees will meet jointly next week to discuss the problems of families facing foreclosure and what Democrats call the Christie administration’s failure to help them.

Assembly Democrats plan to host the joint hearing Wednesday to discuss what they say has been a failure of the administration to adequately distribute $300 million in federal funds to help homeowners facing foreclosures on their homes.

Plans for the meeting were first announced after Gov. Chris Christie engaged in a verbal spat with an ABC News reporter on the issue last month.

Lawmakers sitting on the Democrat-controlled committees plan to take testimony on issues relating to the N.J. HomeKeeper Program.

“Gov. Christie may not want to be held accountable for failing to help New Jersey families facing foreclosure, but he cannot hide from his failure to help New Jersey families at risk of losing their homes,” said Assemblyman Jerry Green, (D-22), chairman of the Assembly Housing and Local Government Committee, in a statement.

“The administration’s approach is clearly not working. New Jersey’s middle-class and poor deserve answers and help,” he said.

The housing panel will meet jointly with the Assembly Financial Institutions and Insurance Committee.

“We need to get answers and get this program moving for the benefit of struggling New Jersey families,” said the committee’s chairman, Assemblyman Gary Schaer, (D-36), in the statement.

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After Christie’s spat with reporter, Schaer and green call joint hearing on foreclosure crisis

Assembly committees plan joint hearing into foreclosure problems