共产了！HUD Offers Interest-Free Loans to Reduce Foreclosures# Stock
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Aug. 11 (Bloomberg) -- The Obama administration will offer $1 billion in
zero-interest loans to help homeowners who’ve lost income avoid foreclosure
as part of $3 billion in additional aid targeting economically distressed
areas.
Under the new $1 billion program, the Department of Housing and Urban
Development will offer loans of up to $50,000 to borrowers “in hard hit
local areas” to make mortgage, tax and insurance payments for as long as
two years, HUD said today in a statement. The Trea
Aug. 11 (Bloomberg) -- The Obama administration will offer $1 billion in
zero-interest loans to help homeowners who’ve lost income avoid foreclosure
as part of $3 billion in additional aid targeting economically distressed
areas.
Under the new $1 billion program, the Department of Housing and Urban
Development will offer loans of up to $50,000 to borrowers “in hard hit
local areas” to make mortgage, tax and insurance payments for as long as
two years, HUD said today in a statement. The Trea