$1.5 Billion in Assistance

President Obama has announced that he has a program design to help homeowners that have been unemployed and other struggling borrowers. This is a program that can help stabilize home prices. The White House is also considering a program that would suspend mortgage payments for a unemployed homeowners for 3 months and give them 3 opportunities to extend the payment difference for up to 1 year.

Reblog this post [with Zemanta]