This blog is about many things, there are a lot of other things about this blog that you might not have known about. Read around for more information.
The incentives mortgage servicers receive for managing a home loan are a significant obstacle to loan modification that would help financially troubled borrowers avoid foreclosure, according to a new report from the National Consumer Law Center.
Original post:
[News] Report: Foreclosure More Profitable than Loan Modifications for Servicers
WHITEHORSE,, September 24, 2009 — The Honourable Daniel Lang, Senator (Yukon), on behalf of the
Honourable Diane Finley, Minister of Human Resources and Skills
Development Canada and Minister Responsible for Canada Mortgage and
See the rest here:
Government of Canada and the Government of Yukon Open Seniors Housing Project in Haines Junction
HANOVER, Manitoba, September 23, 2009 — The Government of Canada announced today that the Rural
Municipality of Hanover, has been approved for an infrastructure
loan as part of Canada’s Economic Action Plan.
HALIFAX, Nova Scotia, August 07, 2009 — Trucks could be rolling into four Nova Scotia communities as early
as this fall to break ground on affordable housing for seniors and
people with disabilities.
Continued here:
Province of Nova Scotia Issues Proposal Call for More Affordable Housing
SUDBURY, Ontario, July 14, 2009 — The Government of Canada, the Government of Ontario, and the City
of Greater Sudbury today launched an affordable housing project
that will create 80 units of affordable housing for low-income
Read more from the original source:
Construction Starts on Affordable Housing Complex in Sudbury
WINDSOR, Ontario, July 10, 2009 — The Government of Canada, the Province of Ontario and the City of
Windsor today announced $1.9 million to fund six
construction-ready projects.
Go here to read the rest:
Construction Set to Begin on New Affordable Housing in Windsor
KAWARTHA LAKES, Ontario, July 03, 2009 — The Government of Canada, the Province of Ontario and the City of
Kawartha Lakes today announced more than $8.2 million to fund two
construction-ready projects in Kawartha Lakes.
Go here to read the rest:
Construction to Begin on Affordable Housing Projects in Kawartha Lakes
ST. CATHARINES, Ontario, June 04, 2009 — The Government of Canada, the Government of Ontario, Niagara Region, the City of St. Catharines, and Niagara Regional Housing today celebrated the start of construction of a new apartment complex that will provide nine units of affordable housing in St. Catharines. The project received $630,000 in funding through the Canada – Ontario …
See the rest here:
Construction Begins on Affordable Housing Project in St. Catharines
OTTAWA, Ontario, June 01, 2009 — Communities across Canada will benefit from better energy efficiency and improved environmental impact, thanks to a new initiative launched today by the Government of Canada. The new $4.2- million, EQuilibrium™ Communities Initiative will seek to improve community planning and develop healthy sustainable communities that are energy-efficient, …
Read the rest here:
Government of Canada Launches New Sustainable Communities Initiative
In the middle of a credit crunch, there’s a mortgage boom going on.
Overall lending is down, as banks have tightened their purse strings. But demand for mortgages is as strong as ever, driven by some of the lowest interest rates on record and housing prices driven into the ground by the foreclosure crises. But many potential borrowers have been unable to climb aboard the bargain bus, due to tightening credit restrictions by major lenders in the wake of the foreclosure crises.
Read the original here:
[News] Can’t Get a Mortgage? Think Small (Banks)