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Foreclosed Hud Properties News
HUD Announces First Look Program to Help Communities Stabilize Neighborhoods Hard-Hit by Foreclosure
RISMEDIA, September 3, 2010—U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan announced an unprecedented agreement with the nation’s top mortgage lenders to offer selected state and local governments, and nonprofit organizations a “first look” or right of first…
Read more...HUD program to help communities buy foreclosed homes
The nation's top housing official on Wednesday announced the expansion of a program that gives municipalities and nonprofit agencies the chance to buy foreclosed homes before they're made available to private investors.
Read more...HUD To Give Communities, Non-Profits First Shot At Bank-Owned Homes
HUD To Give Communities, Non-Profits First Shot At Bank-Owned Homes
Read more...Big banks allow local groups to buy foreclosed homes
Major banks are agreeing to give localgovernments and nonprofit groups theability to buy foreclosed homes beforethey are sold to private investors.
Read more...Saxon Joins HUD and National Community Stabilization Trust in "First Look" Program
IRVING, Texas----Saxon Mortgage Services, Inc. announced today that the company will participate with the National Community Stabilization Trust in the “First Look” program. Designed to ensure that local National Stabilization Program grantees can obtain a “first look” at REO property before the properties are more broadly marketed, the First Look program allows housing providers to ...
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