Enrollment Surge in Michigan’s Hardest Hit Fund Helps Reduce Foreclosures

Enrollment Surge in Michigan’s Hardest Hit Fund Helps Reduce Foreclosures

Lansing, MI – August 15, 2011 – (RealEstateRama) — The Michigan State Housing Development Authority announced today it has received nearly 9,000 applications for foreclosure prevention assistance during the past five months since the launch of a new “Step Forward” publicity campaign. The “Step Forward” awareness effort has helped contribute to a 16 percent decline in Michigan’s foreclosure activity in July from the previous month and a 42 percent decrease in foreclosure activity from July 2010, MSHDA officials said.

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