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Loan Modification
: Mortgage Lender Implode-o-MeterHUD Rings the Bell on Third Round of NSP Funding
By Implode-Explode Heavy Industries
"The Department of Housing and Urban Development (HUD) will launch another round of funding through the Neighborhood Stabilization Program (NSP).
HUD has already awarded $6bn through the first two rounds of funding to help state and local governments combat rising foreclosures and falling home values. HUD rolled out the first $4bn round of NSP funding in September 2008. The $2bn of in the second round of NSP funding arrived in January 2010."
Full post as published by Mortgage Lender Implode-o-Meter on May 18, 2010 (boomark / email).
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