Treasury to Announce New Program to Avoid Foreclosure

Treasury | Sense on Cents – The United States Department of the Treasury is launching, with an official announcement expected next week, a new program to help ailing borrowers escape foreclosure. The Chief of the Homeowner Preservation Office at the Treasury, Laurie Maggiano, released information on the Home Affordable Foreclosure Alternatives (HAFA) while speaking at the MBA’s 96th Annual Convention going on in San Diego.

michigan gov. granholm announces plan to assist homeowners. –  · Michigan Gov. Granholm announces plan to assist homeowners to avoid foreclosure. The administration of Michigan Gov. Jennifer Granholm has unveiled the state’s proposed plan to distribute $154.5 million in federal funds beginning this summer that should help more than 17,000 Michigan households avoid foreclosure,

Tips to Avoid Foreclosure – Open and respond to all mail and answer phone calls from your mortgage company. The notices you receive may offer information about foreclosure prevention options and important notices of pending legal actions. Your failure to open this correspondence will not be an excuse to prevent the foreclosure process.

Rules For DC Short Sales Are Changing, Treasury Announcement Soon – Unfortunately HAFA and its incentives were set to expire at the end of this month. For many months many real estate professionals have been waiting anxiously to see if the program would be extended. Then on Monday, the Treasury stated that it plans to announce the new rules shortly. These changes will have a big impact on DC short sales.

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Avoid Foreclosure Raleigh Firm Easy Sale HomeBuyers helps. –  · Easy Sale HomeBuyers and B.J. Ward are pleased to announce that they have posted an article which lists three ways to avoid foreclosure Raleigh homeowners want to prevent. For local raleigh families facing foreclosure, the stress can be almost unbearable.

New program to help prevent foreclosure Emergency Economic Stabilization Act of 2008 – Wikipedia – The Emergency Economic Stabilization Act of 2008, often called the "bank bailout of 2008," was proposed by Treasury Secretary Henry Paulson, passed by the 110th United States Congress, and signed into law by President George W. Bush.The act became law as part of Public Law 110-343 on October 3, 2008, in the midst of the financial crisis of 2007-2008.

The new guidelines also offer help for eligible unemployed homeowners, who would be allowed to reduce their mortgage payments to no more than 31 percent of monthly income for a minimum of three.

Lakewood arrests lead to state program to give other Medicaid cheaters a way to avoid prosecution: Di Ionno – Degnan said he hoped the new program would save. participation can help cheaters avoid county criminal charges on Medicaid fraud, information obtained during the application will be turned over to.

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Treasury Announces Extension of MHA, Efforts to Revitalize PLS Market – The Treasury Department announced. hard-hit communities. Today’s announcement continues that effort. These new actions will help provide more affordable options for renters, assist homeowners.