Nonprofit Spotlights Pets as Foreclosure Victims

A mortgage industry veteran has launched No Paws Left Behind, a nonprofit organization that aims to find solutions for an apparently growing problem involving pets left behind by foreclosed owners. Citing statistics on American households with pets and the number of expected foreclosures, the nonprofit group concluded that more than 1.25 million pets are at risk. Cheryl Lang, the founder of No Paws Left Behind, said her Houston-based collateral protection company, Integrated Mortgage Solutions, has worked with borrowers, lenders, and servicers on loss mitigation and default management for more than five years. "Unfortunately, it is this experience that has brought me face-to-face with abandoned animals and their heart-wrenching stories," she said. The organization can be found online at http://nopawsleftbehind.org/paws.

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