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Loan Modification

: Mortgage Lender Implode-o-Meter

Treasury marks $2B in bailout funds for foreclosure aid

By Implode-Explode Heavy Industries

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The Obama administration on Wednesday announced it is directing another $2 billion in financial bailout money to battered housing markets.

?The money is the third payout from the administration?s ?Hardest Hit Fund,? which was created earlier this year to fund programs in parts of the country with severe housing market problems.

Full post as published by Mortgage Lender Implode-o-Meter on August 04, 2010 (boomark / email).

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