recovery: Recovery Found in Increased Lending, Loan Modifications and Short Sales
- 01/10/12 05:07 PM
I found this article recently and thought I would share: The white paper, The U.S. Housing Market: Current Conditions and Policy Considerations, calls for increased lending to creditworthy home buyers and more loan modifications, mortgage refinancings, and short sales to reduce the rising inventory of foreclosed homes and help stabilize and revitalize the housing industry; an approach long recommended by NAR to help spur the housing market recovery. “As the nation’s leading advocate for homeownership and housing issues, NAR knows that a strong housing market recovery is key to the nation’s future economic strength,” says NAR President Moe Veissi. “Improving access (0 comments)