Proposed Plan For Distressed Borrowers In Florida
I’m not going to hold my breath but here is what they are saying on Florida.
Florida, which would receive $418 million, proposed using the majority of its allocation toward making mortgage payments for up to nine months for up to 12,000 unemployed borrowers. It also would commit $40 million toward providing up to $15,000 in down payments for 4,000 prospective home buyers.
http://online.wsj.com/article/SB20001424052748704464704575208390699479772.html?mod=djemITP_h
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