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FHA Extends Grace Period For Jobless Homeowners

:: Unemployment Discussion :: Unemployment News

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FHA Extends Grace Period For Jobless Homeowners

by Guest Wed Jul 13, 2011 3:56 pm

http://www.battlecreekenquirer.com/article/20110713/OPINION01/107130301/FHA-extends-grace-period-jobless-homeowners

Housing continues to stall the nation's economic recovery, with foreclosed homes dragging down prices and unemployed homeowners struggling to meet their mortgage payments.

Last week, the Obama administration announced another step to help jobless Americans avoid foreclosure, but thus far the government's efforts have failed to stop substantial numbers of Americans from losing their homes.

Guest: Guest