Billions More for Foreclosed Housing Prevention Program (Foreclosure homes)
Billions of dollars more would become available for the Obama administration’s foreclosed housing prevention program if lawmakers allocate a portion of what was left in the $700-billion financial industry bailout program enacted by the U.S. Congress in 2008 to the program. The Treasury Department has not been allocating what was left … buying foreclosed homes
The city of Rocky Mount in North Carolina experienced a slight increase in the number of Bank Foreclosure Properties last May. Market data showed that 1.2 foreclosures were posted among outstanding mortgages, representing a 0.3 percent increase compared to the same month figures the previous year. But the number of Bank … buying foreclosed homes
Tags: Bailout, Bank Foreclosure Properties, Billions Of Dollars, Buying Foreclosed Homes, Buying Homes, City Of Rocky Mount, Congress, Foreclosure Homes, Foreclosures, Lawmakers, Mortgages, North Carolina, Obama, Prevention Program, Previous Year, Treasury Department