Preview Mode Links will not work in preview mode

Capital Markets Today

Jan 11, 2017

HUD has been selling nonperforming loans insured by FHA since 2010, but it has greatly stepped up the pace of these sales since 2013. In selling these loans, HUD aims to improve outcomes for borrowers. In June 2012, the program was renamed the Distressed Asset Stabilization Program or (DASP).  Also in 2012 HUD issued...