All About Home

The path to become a knowledgeable and a complete home owner

Federal Funding to Help With 2nds

Posted by admin on Friday, February 19th 2010

19
Feb

The Barack Obama administration said today that $1.5 billion will be used to fund "innovate measures" in hard-hit housing markets.

The program will be available for states that have seen at least a 20 percent decline in home prices since the peak.

Impacted borrowers include those who have "challenges arising from second mortgages."

More: continued here

Share and Enjoy:

Refis Strengthen Again as Rates Plummet (May 19th, 2012)
Freddie Sued by Its Biggest Mortgage Insurer (May 18th, 2012)
MGIC Loosens Restricted Markets Requirements (May 18th, 2012)
Opposing Views on Principal Reduction (May 17th, 2012)
Program Promises Lowest Wholesale Rates in Industry (May 17th, 2012)

Subscribe to our article via RSS