Some unemployed homeowners can now miss a year of mortgage payments without threat of foreclosure

If at first you don’t succeed try and try again. Still looking for ways to cauterize the nationwide foreclosure crisis, the Barack Obama-led administration today announced another plan aimed at keeping roofs over the heads of unemployed homeowners. The latest effort is available to out-of-work homeowners who have FHA-insured loans, which is about 3,500 borrowers [...]

Source: http://blog.foreclosure.com/2011/07/some-unemployed-homeowners-can-now-miss-a-year-of-mortgage-payments-without-threat-of-foreclosure/

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