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- Unemployment Foreclosure Prevention Programs May Help Jobless Homeowners
- Mortgage Aid Program Continues to Move Slowly, As Homeowners Try to Hang On
- Obama Plans Refinancing Aid, Loans for Jobless Homeowners, HUD Chief Says
2010-08-12 — thetruthaboutmortgage.com
The Obama Administration today announced more targeted support for homeowners struggling with unemployment who are at risk of losing their homes.
The $1 billion initiative, known as the “HUD Emergency Homeowners Loan Program,” aims to provide 24-month bridge loans to those unable to keep up with monthly mortgage payments.
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