Thursday, December 9, 2010

Mortgage Help Available!



I just got an email about a grant program to help those who are facing foreclosure!


Dear Friends,

Mortgage foreclosure relief is on the way!!!!!

I’m pleased to tell you that we’ve crossed the last hurdle and homeowners who have lost their jobs and face foreclosure will soon be able to apply for emergency mortgage assistance for help with their mortgage payments.

When the Senate passed one of the Consumer Protection Acts, it included a provision that provides $1 billion in emergency mortgage relief.

Millions of American homeowners, through no fault of their own, have lost their jobs in the current economic downturn and have faced the loss of their piece of the American dream. This program will keep families in their homes when the breadwinner has recently lost his or her job providing emergency relief from foreclosure for those with a proven history of working and paying their mortgage.

The U.S. Department of Housing and Urban Development is expected to have this program up and running within the next 90 days.

The new driving force in foreclosures is unemployment, not subprime mortgages. This mortgage relief program gives long-overdue recognition to that fact.




To find more information about other kinds of grant programs (including those that involve "free money", you can visit both my

Grant Basics 101 Blog

and

The Unclaimed Money Blog.