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Loan Modification

: Mortgage Lender Implode-o-Meter

Donovan: HUD?s 2011 Budget Reasserts Commitment to Rental Housing

By Implode-Explode Heavy Industries

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The Department of Housing and Urban Development?s (HUD) proposed 2011 budget delivers a message, said Secretary Shaun Donovan.

?It demonstrates that there?s a different kind of partner at the federal level that?s committed to rental housing as a fundamental strategy in the wake of a crisis that ought to make us all step back and reassert that we need a balanced housing policy in this country,? he said. ?We need to be focused not just on homeownership but also on rental housing.?

Full post as published by Mortgage Lender Implode-o-Meter on February 17, 2010 (boomark / email).

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