Month: October 2013

FHA Mortgage Applicants with Recent Foreclosures Offered a Pass

Written By: Emil Fleysher | October 23, 2013 | Bankruptcy
The Federal Housing Administration (FHA) has instituted a new program. Its name is "Back-To-Work-Extenuating Circumstances" to assist potential borrowers who faced financial hardship during the recession. This program, which began August 15th, 2013 provides a second chance for mortgage applicants. For those who have experienced financial hardship such as unemployment. Or, a severe reduction in
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