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 [...]

Foreclosures Spike 112% – No End In Sight

April 30, 2008 by admin · Leave a Comment 

The article below describes more in depth how severe and widespread the mortgage crisis has become. Each and every home will present an opportunity for an investor.
“Detroit, which ranked sixth in the nation with 1 in every 68 households in default”

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More than 155,000 families have lost their homes to foreclosure this year; [...]