Housing Help on the Way

flip_it_fast · #1 02-23-2010, 02:24 AM

Housing help is on the way, well at least for four more states that is.

The governement has really been feeling the heat when it comes to helping those who are about to lose their homes. Most people feel that not enough is being done. On Friday Obama announced that $1.5 billion will be allocated to help borrowers who are in trouble in the five states that have been hit the most with foreclosures.

Those states are California, Arizona, Nevada, Florida and Michigan. The help is to go to those who are unemployed or owe more than what their homes are worth.

They also plan to help those who are having trouble getting loan modifications because of second liens and they want to help promote affordable housing.

Eyeofngt · #2 02-24-2010, 02:05 AM

They need to do that in all the states!! Those are not the only ones that have been hit hard because of the economy!! It is all over the US.

What they going to do in the rest of the states?

troubles74 · #3 02-24-2010, 07:38 PM

I am very happy for those states but what about the rest of us in other states? What is the president going to do for the rest of us,and how much longer before we get some assistance with our housing issues?

After all thier are alot more than just five states with housing problems,dag thier are not many people that I know that is not either losing thier home or lost thier home already.If things don't change soon people are going to stop spending at all unless they absolutely have to and that is closer than we all realize I think.

Eyeofngt · #4 02-25-2010, 07:19 AM

He only cares about the states that helped vote him in..LOL I say all in politics are a bunch of crooks. They line thier own pockets and the heck with the rest.

I think every state should be treated equal. But that will never happen.