But even with additional laws enacted to curb what critics call mortgage industry abuses, the state may see even more foreclosures.
Not only will low-income people be affected, but also middle-income families who bought more house than they could afford.
Louise Mack provides free housing counseling through a nonprofit group in Cabarrus County.
She says the majority of the people are in mortgages that they should not have gotten into and have bought more house than they can afford.
A new House committee is examining the increase in foreclosures in North Carolina and will consider whether the state needs short-term changes or another batch of tougher regulations.