School isn’t the only thing that’s out for the Summer. As it turns out, loan and mortgage servicers are getting “schooled” by HUD this Summer. U.S. Dept. of Housing and Urban Development, HUD makes Distressed Asset Stabilization Program, DASP purchasers wait one year before playing in the foreclosure pool.
Tag: home affordable modification program
Homes need to be occupied. That is the bottom line. Today’s housing market needs a dramatic overhaul and it’s been long overdue for a fix. So we don’t have the time to be contemplating moral hazards anymore. So I’m OK with President Obama extending mortgage assistance to owners of multiple homes. According to Bloomberg, the administration will open up the […]