Atlanta Real Estate News
New Regulatory Rule to Support Foreclosure-Ridden Neighborhoods
Federal regulators on Wednesday announced changes to the Community Reinvestment Act (CRA) parameters to support communities affected by high foreclosure levels. The final rule encourages depository institutions to finance development projects in areas that qualify for HUD's Neighborhood Stabilization Program (NSP).
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Thursday, December 16, 2010
Posted by The Mark Spain Team at 6:05 AM
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