Source: NPR – The government is launching a new effort to encourage “short sales” of houses in danger of foreclosure. The Treasury Department will offer more than $3,000 in incentives to lenders and homeowners. Nearly 5 million people around United States are seriously delinquent on their mortgages. Some may be able to save their homes if they can negotiate a loan modification with a lower payment from a lender. But others simply don’t have enough income even for that. > > Read More Anti-Foreclosure Program Aims To Spur ‘Short Sales’ is a post from: Daily World Buzz
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Anti-Foreclosure Program Aims To Spur ‘Short Sales’
