Nov 11th 2011 9:30AM
California expanded its $2 billion program to help homeowners avoid foreclosure to those with second homes as well. The California Housing Finance Agency established the four Keep Your Home programs using money from the Treasury Department's $7.6 billion Hardest Hit Fund. Before, borrowers were restricted from... Continue Reading »
Jan 27th 2011 3:05PM
Being unemployed took its toll quickly on Sharon Greene, a single mother of three and Philadelphia homeowner. Greene was already struggling to stay current on her mortgage when the news hit. The security company that employed her for the past 8 years had just laid her off, and the bills were piling up. Then the notice... Continue Reading »
Sep 8th 2010 2:15PM
Homeowners in the most heavily real estate-slumping states now have programs they can tap or will soon be able to tap thanks to the Obama administration's Hardest Hit Fund. The first five states to get money were Arizona, California, Florida, Michigan and Nevada, because they experienced a 209 percent or greater decline in... Continue Reading »
Aug 11th 2010 5:59PM
The Obama administration plans to funnel a total of $3 billion in aid to jobless homeowners having trouble making payments through various state agencies. Some $2 billion in payments will be made by the Hardest Hit Fund created through the Treasury Department to state Housing Finance Agencies (HFAs). The other $1 billion... Continue Reading »
