Mortgage Settlement

Chris Jensen, NHPR

Affordable Housing, Education and Development (AHEAD) provides low-income housing, but also helps people with an array of financial issues from budget counseling to foreclosure intervention.

The Gordon’s house in Colebrook started out as a second home, but 11 years ago in anticipation of retirement they moved into the house full time.


Cleveland resident Cedric Cowan was asleep on an overcast spring morning when the roaring sounds of splintering wood and falling rubble jolted him awake.

Cowan lives in a neighborhood hit hard by foreclosures. He initially thought someone was moving into the house on the other side of Fairport Avenue.

Instead, he woke that morning to find a crew tearing down the two-family house.

Over the course of three hours, an excavator smashed, crushed and ripped apart the abandoned house while a worker sprayed the rubble with a hose to keep the dust down.

To learn more about the mortgage settlement and its potential effects in New Hampshire, All Things Considered host Brady Carlson talks with Dean Christon, executive director of the New Hampshire Housing Finance Authority.