http://money.cnn.com/2010/05/12/news/economy/taxpayer_mortgages/index.htm
Unemployed? Owe more on your mortgage than your home is worth? Your state might one day pay your mortgage.
Giving people free money to cover their home loans is just one of the radical ways that four states -- Florida, Michigan, California and Arizona -- plan to use $1.4 billion the Obama administration is sending their way to help the unemployed and underwater avoid foreclosure.
The federal government is doling out a total of $2.1 billion to 10 states, which also include Nevada, North Carolina, South Carolina, Rhode Island, Ohio and Oregon. The others have not yet submitted their plans to Treasury for approval or have not made them public.
