Help for homeowners | The Frugalista

Help for homeowners

by frugalista on May 12, 2010

Unemployed and underwater homeowners in Florida, Michigan, California and Arizona may get a piece of $1.4 billion the Obama administration is sending their way to help avoid foreclosure, according to CNN Money.

I live in Florida and I know how bad foreclosures are down here. There are plenty of people in need. :(

What do you think? Is it good for the government to help distressed homeowners? Is it the right thing to do? Should homeowners be responsible for their own mortgages?

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