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The United States Treasury established the Hardest Hit Fund in February 2010, to provide targeted aid to states hit hardest by the subprime mortgage crisis which began in 2007. Each state housing agency gathered public input to implement programs designed to meet the distinct challenges struggling homeowners in their state were facing.
Homeowners in the most heavily real estate-slumping states now have programs they can tap or will soon be able to tap thanks to the Obama administration's Hardest Hit Fund. The first five states ...
Pages in category "Housing finance agencies of the United States" ... Hardest Hit Fund This page was last edited on 18 July 2019, at 20:08 (UTC). Text ...
A list of companies, governmental and quasi-governmental agencies (government-sponsored enterprises), and/or non-profit organizations involved in the various economic and financial crises of 2007–2008.
By Jennifer Liberto A federal-state program aimed at helping homeowners in states hardest hit by the mortgage crisis is falling far short of its goals, a federal watchdog said in a report released ...
MIHAF is not the first time the state has received a massive infusion of housing aid. In 2010, the U.S. Department of Treasury sent Michigan $761 million in Hardest Hit Funds following the housing ...
The Home Affordable Modification Program (HAMP) is a government program introduced in 2009 to respond to the subprime mortgage crisis.HAMP [10] is part of the Making Home Affordable program (MHA), [11] established in concert with the Hardest Hit Fund program (HHF) [12] under the Troubled Asset Relief Program (TARP), a part of the Emergency Economic Stabilization Act of 2008. [13]
Hardest hit states: Alaska, Vermont, and Mississippi At the other end of the spectrum, Alaska, Vermont, and Mississippi saw the biggest drops. Alaska experienced the most significant drop, with a ...