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Wednesday, March 17, 2010

Michigan should plan to stop foreclosure by helping homeowners

Stop Foreclosure, Avoid Foreclosure

The U.S. Treasury Dept. has given time to Michigan upto the middle of April to move toward through pioneering way to utilize $150 million to help homeowners to stop foreclosure avoid foreclosure and to make home affordable by homeowners.

The Treasury Dept. declared last month that the sponsor for Hardest Hit Housing Markets that would distribute $1.5 billion to stop foreclosure and foreclosure prevention attempts by state housing organizations in California, Arizona, Florida, Nevada and Michigan.

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