Officials don't know how many loans can be offered, but Long Islanders will be the first in line for program out of recognition that the region has been particularly
devastated by the foreclosure crisis.
If you have a loan with a negative amortization feature or just live in an area
devastated by foreclosures and plunging home values, you may be able to refinance into an FHA loan and get a principal reduction too.
Not exact matches
«It not only
devastates these already struggling families, it also threatens to further destabilize neighborhoods hit hardest
by foreclosures.»
The state was hit hard
by the recession and the
foreclosure numbers prove how
devastated the damage the housing market suffered.