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Loan Modification

: Loan Modification & Home Loan News

HUD Offers Interest-Free Loans to Reduce Foreclosures

By Moe Bedard

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Image by Center for Neighborhood Technology via Flickr The Obama administration will offer $1 billion in zero-interest loans to help homeowners who?ve lost income avoid foreclosure as part of $3 billion in additional aid targeting economically distressed areas. The Department of Housing and Urban Development plans to make loans of as much as $50,000 for [...]

Full post as published by Loan Modification & Home Loan News on August 12, 2010 (boomark / email).

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