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