Realty Times Reports on California's Slice of the Bailout Pie

California gets $700,000 slice of special $1.5 billion homeowner bailout pie


Broderick Perkins of Realty Times reports, "California struck gold, receiving the biggest chunk of a special $1.5 billion federal fund pie for programs that target struggling homeowners in states hardest hit by the housing crash."

Perkins goes on to report that the California Housing Finance Agency (CalHFA) recently announced the fat $7,000,000 slice would go toward four different programs ultimately assisting 40,000 homeowners.

Read on to find out more about this windfall for California homeowners in distress.