Relevant:
- REO Could Become A Serious Problem For HUD/GSEs: FHFA Rep.
- Obama Administration announces an additional $1 billion to foreclosure-stricken neighborhoods
- Communities Get First Shot at Foreclosed Homes
- Obama Administration Awards Additional $1 Billion to Stabilize Neighborhoods Hard-Hit by Foreclosure
- HUD Launches New Quarterly Publication Geared Toward Future Policy Direction
2009-08-27 — dsnews.com
"The Department of Housing and Urban Development Wednesday launched a $50 million effort to help state and local governments address swelling inventories of foreclosed properties."
Fifty million? For the whole country? Gee, that's really gonna help a LOT... not.
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