Write Your Congressman (& Your Senator, too)

In the past those of you who follow this blog have heard me inform about programs to assist those who are unemployed manage to maintain their mortgages as current. HUD's Emergency Homeowners' Loan Program is the leading such national program. It is getting very close to its expiration deadline for applying. As of yesterday, the majority of its applicants have failed to qualify, based on the strictures established by the legislation. Over 200,000 applications have been downloaded from the web site, but many of those weren't ultimately filed, or do not qualify. The deadline fro application in most participating states was September 15, but in Pennsylvania, Connecticut, Delaware, Idaho, and Maryland, the expiration is on the 30th of this month. While the enabling legislation provided funds up to a total of $1 Billion, it now appears that a large portion of this will not be used.
Disturbed? Call, write, email your Congressman and/or Senators. Let them know and have them extend the program at least through the first of next year, if not longer. Don't wait--Do it NOW!! The home you save may be your own! Good Luck!