Tuesday, August 30, 2011

HUD extends foreclosure-prevention program

The U.S. Department of Housing and Urban Development is briefly reopening the application process for its Emergency Homeowners Loan Program, a $1 billion initiative to prevent foreclosures.

Qualified applicants can get up to $50,000 in interest-free loans to help pay mortgage bills for up to 24 months.

Read the rest of the article at the Boston Herald

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