Government funding for a scheme aimed at helping those facing home repossessions in England is to be cut, the housing minister has announced. Grant Shapps said that the government grant for each home bought under the Mortgage Rescue Scheme would be reduced although the total kitty was unchanged.
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A new bill in the House of Representatives would make cooperatively owned units, or co-ops, eligible for mortgages backed by the VA.
MDK is strongly encouraging clients to embrace the new normal while preparing for a foreclosure volume increase in the not-too-distant future.