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University of Wisconsin–Madison
Poverty-related issues in the news, from the Institute for Research on Poverty

Mortgage Program For Unemployed Borrowers

Property Trax: Feds provide new help, with local flavor, for unemployed at risk of foreclosure by Karen Rivedal, July 20, 2010, Wisconsin State Journal: “With unemployment rates still stubbornly high and likely to stay that way for awhile, the federal government is offering a new program to help those who aren’t working save their homes. And it bears a striking resemblance in concept to a plan advanced months ago by UW-Madison real estate experts. The federal initiative is known as the Home Affordable Unemployment Program, or HAUP. Consider it a cousin to the fed’s HAMP, the Home Affordable Modification Program, but hope this one does a better job…”