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Loan Modification

: Mortgage Lender Implode-o-Meter

HUD TAKES ACTION TO SPEED RESALE OF FORECLOSED PROPERTIES TO NEW OWNERS

By Implode-Explode Heavy Industries

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"n an effort to stabilize home values and improve conditions in communities where foreclosure activity is high, HUD Secretary Shaun Donovan today announced a temporary policy that will expand access to FHA mortgage insurance and allow for the quick resale of foreclosed properties."

Full post as published by Mortgage Lender Implode-o-Meter on January 15, 2010 (boomark / email).

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