Relevant:
- HUD announces new REO purchase program
- Obama Administration announces an additional $1 billion to foreclosure-stricken neighborhoods
- Obama Administration Awards Additional $1 Billion to Stabilize Neighborhoods Hard-Hit by Foreclosure
- HUD TAKES ACTION TO SPEED RESALE OF FORECLOSED PROPERTIES TO NEW OWNERS
- Colorado Awarded $17.3 Million to Stabilize Neighborhoods Hard-Hit by Foreclosure
2010-09-04 — go.com
"Major mortgage lenders will now give state and local governments the right to buy foreclosed properties before they go on the market, giving them "a leg up" on speculators who have often thwarted local redevelopment efforts, Housing Secretary Shaun Donovan announced Wednesday."
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