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San Francisco Chronicle: Congress has just come up with an extra $1 billion to help people who can't pay their mortgage because of unemployment or a medical problem.
Under this new Emergency Mortgage Relief program, eligible homeowners who are at least three months delinquent can get up to $50,000 apiece in federal loans to pay their mortgages.
| Tags: | Finance, Unemployment, Debt, Money, Mortgage loan, American Recovery and Reinvestment Act of 2009, Foreclosure, Homelessness |
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