ML-Implode News - South Carolina's Hardest Hit Funds Farce... Failing but Finally Changing?

``The 18 states designated as being those "hardest hit" by the foreclosure crisis were given a total of $7.6 billion in February of 2010. The money was to be used by the states to help homeowners through various programs designed by the states and approved at the federal level.
As last year ended, "about $1 billion" of that money had been spent, according to the Treasury Department, and after trying to understand Treasury-speak for the last five years now, the fact that they included the qualifier, "about" in their sentence makes me believe it's something less than that amount.

A spokesperson for Treasury, Andrea Risotto, commenting in an article about the lack of funds being used to help South Carolina homeowners that appeared on GreenvilleOnline.com this month, said...''

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South Carolina's Hardest Hit Funds Farce... Failing but Finally Changing?