Florida homeowners out $250 million in Hardest Hit funds after state passes on mortgage aid

Today is the last day to apply for mortgage help from Florida’s Hardest Hit Fund. Homeowners can seek relief from these programs: The unemployment mortgage assistance program will provide.

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Florida’s $1.1 billion Hardest Hit Fund winding down after some hard knocks. The other 15,000 benefitted from a program that has used $210 million in Hardest Hit money for downpayment assistance. PREVIOUS COVERAGE: Florida’s Hardest Hit funds finding way to ‘first-time homebuyers’ who really aren’t In other words,

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Despite Florida still being the center of the nation’s foreclosure crisis, state officials chose not to apply for $250 million in federal foreclosure assistance funds.

The purpose of the Hardest Hit Fund is to provide money to the states most impacted by the housing crisis — that is, those states with the steepest home price declines and the highest unemployment. The government identified 18 states and the District of Columbia to receive a total of $7.6 billion.

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The program simplifies home refinancing by waiving the documentation typically required by a bank, including income and employment verification, bank account and credit score verification, and an appraisal of the home. ameliorate agar: punished picks Florida homeowners out $250 million in Hardest Hit funds after state passes on mortgage aid.

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Program Fact Sheet Background In February 2010, US Treasury (Treasury) created the "Housing Finance Agency (HFA) Innovation Fund for the Hardest- Hit Housing Markets" (HFA Hardest-Hit Fund) and allocated funds under the Emergency Economic Stabilization Act of 2008 (EESA) to five states: Arizona, California, Florida, Michigan and Nevada.

Contents Extensive local offices Play important roles Acelrx royalty asset fair Rules change nov. 1. Florida homeowners out $250 million in Hardest Hit funds after state passes on mortgage aid Hamp HAMP is a government-backed program designed to help homeowners who might be struggling with paying their monthly mortgage payments..

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