Industry News

Real estate borrowers get job-loss protection

State housing agency offers 6-month payment program
Published on Jul 14, 2004

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by CareyBot

MassHousing, a quasi-public state agency that makes and insures home mortgage loans, is providing no-cost, job-loss protection coverage to borrowers who become unemployed. The new benefit, called MI Plus, makes the principal and interest payments on a homeowner’s mortgage for ...