DASP: Protecting Communities on the Road to Recovery – Why Strong Standards Are Critical

(Before It's News)

Protecting Communities on the Road to Recovery Why Strong Standards Are Critical for the Distressed Asset Stabilization Program More than 778,000 homeowners with loans backed by the Federal Housing Administration, or FHA, and the two government-backed mortgage corporations—Fannie Mae and Freddie Mac—are at serious risk of foreclosure. A full housing recovery in the fragile neighborhoods where … Read more

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