From the Chicago Sun Times
February 15, 2008
By Sun-Times staff
Homeowners at risk of losing their homes due to the tightening credit market may find assistance in a new statewide Housing Assistance Initiative.
Gov. Blagojevich Thursday unveiled the program that features three key elements:
• Access to a new $200 million fund -- financed by four mortgage lenders -- to help homeowners refinance existing high-cost debt into more affordable, stable loans.
• Access to a statewide financial counseling network that is affiliated with the National Homeownership Foundation hotline (888-995-4673).
• Access to a mortgage-fraud service also connected to the hotline.
Subscribe to:
Post Comments (Atom)
Members meet with Senator Murphy after Legislative Breakfast
No comments:
Post a Comment