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Michigan to offer $154M in U.S. aid to borrowers

Michigan to offer $154M in U.S. aid to borrowers

July 15, 2010 by admin · Leave a Comment 

By GRETA GUEST
FREE PRESS BUSINESS WRITER
Michigan’s plan to spend $154.5 million in federal funds to help those hardest hit by the economy has gained federal approval and will be available starting July 12.
The funds – targeted at helping borrowers facing pay cuts or job losses keep their homes – are expected to [...]

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U.S. to increase housing loans

March 27, 2010 by admin · 1 Comment 

$14 billion to help jobless owners refinance via FHA
BY GRETA GUEST
FREE PRESS BUSINESS WRITER
The Obama administration said Friday that it would widen the reach of its home loan modification program, which could help thousands of unemployed and underwater Michigan homeowners.
The Home Affordable Modification Program, criticized for its slow pace and low number [...]

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