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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 ...
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.
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 ...
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]
The report predicted a total net cash outflow of $37.7 billion (excluding non-TARP AIG shares), based on the assumption the TARP housing programs' (Hardest Hit Fund, Making Home Affordable and FHA refinancing) funds are fully taken up. Debt is still outstanding, some of which has been converted to common stock, from just under $125 million down ...
Indiana Sen. Ryan Mishler (center) talks with members of the media after closing out the first legislative session of the year Monday, Jan. 9, 2023, at the Indiana Statehouse in Indianapolis.
Red Cross agents and nurses focused their efforts in 112 of Ohio's hardest-hit communities, which included Dayton, primarily along Ohio's major rivers. The Red Cross had less of a presence in Indiana, where it established a temporary headquarters in Indianapolis and served the six hardest-hit Indiana counties.
Indiana is widely regarded as one of the more difficult jobs in what we should now probably refer to as the Power Four, but it isn’t without appeal. Indiana football is one of hardest place to ...