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Housing help for unemployed, underwater borrowers

Started by pulaski
almost 16 years ago
Posts: 824
Member since: Mar 2009
Discussion about
"Under pressure to do more for troubled homeowners, President Obama is expected to announce on Friday a $1.5 billion program to help borrowers in the five states hit hardest by the housing crisis. The initiative calls for pumping money into state housing agencies in California, Arizona, Nevada, Florida and Michigan to fund programs to prevent foreclosure for people who are unemployed or who owe more than their homes are worth." http://money.cnn.com/2010/02/19/real_estate/housing_help_unemployed/index.htm?cnn=yes&hpt=T2 What a load of crap....
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