Sunday, July 17, 2016

Here's why the FHA's changes to non-performing loan sales are a universal win-win

Recently, HUD announced important, valuable, and substantive changes to its Distressed Asset Stabilization Program, under which the FHA sells off deeply delinquent loans to private investors. The reforms will benefit homeowners, entire neighborhoods, and our economy as a whole – and have the potential to transform the way the private sector approaches the housing market. Here’s why.

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