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Loan Modification

: Loan Modification & Home Loan News

Treasury?s Herb Allison Says FHA Loans Will Help Stabilize Home Prices

By Moe Bedard

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Herbert M. Allison Jr., the U.S. Treasury Department’s assistant secretary for financial stability, talks about the Department of Housing and Urban Development’s interest-free loans to reduce foreclosures. The Obama administration will offer $1 billion in loans to help homeowners who?ve lost income avoid foreclosure as part of $3 billion in additional aid targeting economically distressed [...]

Full post as published by Loan Modification & Home Loan News on August 12, 2010 (boomark / email).

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