making home affordable: Mortgage Relief for the Unemployed - New and Actually Improved - 08/04/11 05:29 AM
As of August 1st, HUD is putting into action a revamped version of last year's Home Affordable Unemployment Program. In that program, unemployed homeowners could get a three-month forbearance on their mortgage payments while they looked for a job.
Unfortunately, the program was not a resounding success. Only 10,000 of the 13 million unemployed in the country qualified for the aid, which was a three month forbearance...not much when you consider that nearly half of those who are unemployed have been unemployed for at least 6 months.
The new and improved version of the program significantly increases the three months to … (0 comments)

 
Ann Stefanucci (First Team Real Estate Inc.)

Ann Stefanucci

Huntington Beach, CA

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First Team Real Estate Inc.

Address: DRE #00635764

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