Statement from Governor Quinn on Increased Federal Foreclosure Prevention Efforts

CHICAGO, IL – August 12, 2010 – (RealEstateRama) — Governor Pat Quinn today issued a statement praising the Obama Administration’s announcement of additional support to “Hardest Hit” states with high unemployment to assist in foreclosure prevention. The U.S. Department of the Treasury will make $2 billion of additional assistance available to unemployed homeowners struggling to make mortgage payments. Illinois is eligible to receive more than $166 million in federal funding to help unemployed homeowners having trouble making mortgage payments