Mortgage Bailouts: $2.1B to ‘Hardest-Hit’

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The Hardest Hit Fund was created in 2010 and is designed to help. or that waste was under certain leadership,” Romero said. “We found a pervasive culture of waste and abuse, coupled with a lack of.

Hardest Hit Fund (HHF) Programs The US Treasury administers the Hardest Hit Fund, which provides aid to the states that were most impacted by the economic crisis. Each of these states have local agencies that help homeowners in various ways, including mortgage payment assistance for the unemployed, principal reduction, and transactional assistance.

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WASHINGTON – The Obama administration announced Wednesday it will send a $3 billion lifeline to jobless homeowners struggling to make mortgage. wall street bailout, the Treasury Department will add.

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President Obama’s massive mortgage-bailout plan is nothing more than a thinly disguised. s stubborn refusal to have any faith in the free market. In some of the hardest-hit areas of the country,