Obama's Pot-Smoking Detailed
Juror Flirting With John Edwards
Via the Oregon Homeownership Stabilization Initiative's Mortgage Payment Assistance Program, struggling homeowners who earn approximately $74,000 a year for a family of four and are unemployed or have lost 25 percent of their income can enter a lottery. The state expects 20,000 to 30,000 homeowners to apply online.
The state will pay 12 months of the winners' mortgages, up to $20,000. Winners must pay back the money, though the state will forgive 20 percent of the loan for each year the winners remain in their houses.
The money comes from the federal government and is being granted to 17 states hardest-hit by the recession.
"While we recognize there are not enough resources to serve the great need faced by homeowners in Oregon, we are pleased to have created a solid program that will help smooth the difficult path many families have been traveling," Oregon Housing and Community Services Director Victor Merced said via press release.
Romney Argues Big Spending Cuts Would Cause 'Depression,' Contrary To Tea Party Activists
More Trouble For Rick Scott
A New Murdoch Scandal Emerges
Joe Biden Recalls Thoughts Of Suicide
Scott Walker Recall Race May Be Tightening
The Story Behind Clinton's Porn Star Picture
JPMorgan Risk Committee Missing People With Experience Monitoring Risk
Classic Politico: 'Surely, All Of This Could Prove To Be Ephemeral And Meaningless'
GOP Congressional Candidate Accuses Opponent Of Spying On Campaign
Geologists Confirm Possible Jesus Crucifixion Date
Kentucky Derby Winner's Trainer SUSPENDED
Tom Coburn Gets Big Penalty From Fellow Senators
Police: Gunman Holding Hostages In Indiana Realty Office
WATCH: Meghan McCain Lashes Out At Republicans
Arianna Huffington: The Inspirationals: Jeff Skoll, Doubling Down on the Things That Work
Apple Yanks Popular App From iTunes
2012 Race Will Break Record By A Long Shot
Judge Hits 'Moral Condemnation' Of Anti-Gay Marriage Law
Man Who Confessed To Etan Patz Murder Expected In Court
American Airlines Passenger Arrested For Trying To Storm Cockpit
Berlusconi 'Bunga Bunga' Girl Says She Dressed As Obama
What Bin Laden's Wives Revealed
