Miami Dade County Community Forum

Thursday, July 30, 2009

Federal help on the way to homeowners facing foreclosure.

The Miami Herald reported today that effective August 15th:

Financially troubled homeowners who have an FHA-insured loan can apply for a modification under a program parallel to "Making Home Affordable" to help lower their payments and avoid foreclosure.

With reports that County and City taxes are expected to rise, this will be a welcome relief to some South Florida homeowners.

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