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Loan Modification

: Mortgage Lender Implode-o-Meter

U.S. housing department announces $122M in funding to help N.J. foreclosed properties

By Implode-Explode Heavy Industries

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"The program is in its third phase and today announced $11.6 million for depressed New Jersey communities, with $2 million going to Newark. Since September 2008, HUD has awarded $7 billion for such programs nationwide that are attempting to spur a stagnant housing market, create jobs, and turn around neighborhoods beset with foreclosures and blight."

Full post as published by Mortgage Lender Implode-o-Meter on September 09, 2010 (boomark / email).

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