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Jul 18, 2011
Hundreds of millions in fed assistance, but only 4 AZ homeowners were helped
By September 2010, the Arizona Department of Housing was sitting atop $268 million in federal money, which it was seeking to unload to help struggling homeowners here.
But since the program’s inception last year, it has helped only four homeowners and reduced their principles by a combined $62,000. On average, it lowered their monthly payments by $420.
Oct 14, 2010
Moratorium on foreclosures triggers housing concerns nationwide
As calls for a moratorium on foreclosures and sales of foreclosed homes continue to grow, so do the calls for it to be as short as possible to avoid hindering a housing market still trying to recover.
