Oregon has recently received $220 million in federal money to help distressed homeowners avoid foreclosure.

The Mortgage Payment Assistance Program pays the mortgage of a qualified recipient household for an entire year, up to $20,000. If you have suffered a loss of income of 25% or more, this program may help you keep your home. The deadline to apply is January 14, 2011.

More information is available at http://www.oregonhomeownerhelp.org/.

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