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Mortgage safety net for unemployed


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2012 Dec 13, 9:56am   1,504 views  2 comments

by Biff Baxter   ➕follow (0)   💰tip   ignore  

http://www.pe.com/business/business-headlines/20121213-real-estate-mortgage-safety-net-for-unemployed.ece?source=Patrick.net

With fiscal cliff talks on the precipice, the state is reminding out-of-work homeowners who are concerned their federally extended unemployment benefits will run out that theres a safety net to fall back on in 2013. The state-managed program, Keep Your Home California, provides up to $3,000 in mortgage assistance monthly up to nine months to out-of-work homeowners. Tens of thousands of California homeowners could lose their unemployment benefits in the next few weeks unless Congress and the President agree to further extend federal unemployment benefits, and that will certainly devastate many families, Claudia Cappio, executive director of California Housing Finance...

#housing

Comments 1 - 2 of 2        Search these comments

1   bmwman91   2012 Dec 13, 10:41am  

Fucking ridiculous. What's new?

2   New Renter   2012 Dec 13, 11:57am  

I wonder how one can set it up to maximize the resets on the eviction clock...

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