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Released: July 07, 2011
Obama extends help to unemployed homeowners to 12 months
Source: Richard Wolf, USA Today
The Obama administration is trying to make it easier for homeowners who lose their jobs to keep their homes.
The administration today will announce that two programs providing unemployed homeowners a few months’ forbearance on their mortgages will be extended to 12 months, said three administration officials speaking anonymously because the program has not been announced. Thousands of homeowners could benefit from the additional time, although not all jobless homeowners will be eligible.
Read Full Article: Obama extends help to unemployed homeowners to 12 months
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