Wednesday, April 28, 2010
Arizona, Florida, and Michigan states have planned using federal funds to pay mortgage balances for struggling borrowers to stop foreclosure and to subsidize mortgage payments for those who remain out of work.
The plans are in response to a foreclosure-prevention effort championed by the White House, which allocated $1.5 billion for Arizona, California, Florida, Michigan, and Nevada. The Treasury Department is the reviewing proposals, which will be finalized next month.
The plans are in response to a foreclosure-prevention effort championed by the White House, which allocated $1.5 billion for Arizona, California, Florida, Michigan, and Nevada. The Treasury Department is the reviewing proposals, which will be finalized next month.
Labels: Avoid Foreclosure, Sell your house fast, States Plan for struggling house owners to stop foreclosure, we buy houses, We buy houses for cash

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