Bill to Aid Communities manage With Aftermath of Foreclosure Passes House

The House late Thursday approved a narrowly focused bill that would
supply $15 billion to the states to buy and spruce up foreclosed
properties
.

The bill is different from one that has been widely discussed that
would enable to Federal Housing

Administration (FHA) to ensure new
mortgages where the…

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Original post by Mortgage News Daily - Mortgage And Real Estate News

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