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Loan Modification

: Mortgage Lender Implode-o-Meter

Obama Administration Awards Additional $1 Billion to Stabilize Neighborhoods Hard-Hit by Foreclosure

By Implode-Explode Heavy Industries

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". Housing and Urban Development Secretary Shaun Donovan awarded an additional $1 billion in funding to all states along with a number of counties and local communities struggling to reverse the effects of the foreclosure crisis. The grants announced today represent a third round of funding through HUD?s Neighborhood Stabilization Program (NSP) and will provide targeted emergency assistance to state and local governments to acquire, redevelop or demolish foreclosed properties."

Full post as published by Mortgage Lender Implode-o-Meter on September 12, 2010 (boomark / email).

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