The Department of Treasury announced today that it approved the plans for the first five Hardest Hit Funds states, including Michigan. Below are some links to articles in today’s news with the announcements:
- Free Press: Michigan to offer $154M in U.S. aid to borrowers
- Detroit News: State can start giving fed funds to prevent foreclosures
- MLive.com: 17,000 Michigan homeowners to benefit from federal mortgage payment assistance
- Michigan Newswire: Obama Administration Approves Granholm Plan to Help Homeowners Avoid Foreclosure with $154.5 million in Federal Funds
We’ll share more details about implementation as they become available, so stay tuned.