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: Loan Modification & Home Loan News

Fed?s Duke Backs Rental Option to Mitigate Home Foreclosures, Unemployment

By Moe Bedard

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Image via Wikipedia Federal Reserve Governor Elizabeth Duke said officials should stabilize communities wracked by the housing crisis by promoting the rental of homes owned by financial institutions after undergoing foreclosure. ?It is not sufficient, given current economic conditions and the significant needs of our neighborhoods, to do things the way we have always done [...]

Full post as published by Loan Modification & Home Loan News on September 02, 2010 (boomark / email).

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