G2Rad
18th June 2010, 08:04 AM
guys, rejoice, you will be helping non-paying deadbeats
Agencies propose expanding scope of Community Reinvestment Act regulations
The federal bank and thrift regulatory agencies have announced a proposed change to regulations of the Community Reinvestment Act (CRA) to support stabilization of communities affected by high foreclosure levels.
The proposed change specifically would encourage depository institutions to support the Neighborhood Stabilization Program (NSP) administered by the U.S. Department of Housing & Urban Development (HUD)."
the linky (http://nationalmortgageprofessional.com/news18219/agencies-propose-expanding-scope-community-reinvestment-act-regulations)
Agencies propose expanding scope of Community Reinvestment Act regulations
The federal bank and thrift regulatory agencies have announced a proposed change to regulations of the Community Reinvestment Act (CRA) to support stabilization of communities affected by high foreclosure levels.
The proposed change specifically would encourage depository institutions to support the Neighborhood Stabilization Program (NSP) administered by the U.S. Department of Housing & Urban Development (HUD)."
the linky (http://nationalmortgageprofessional.com/news18219/agencies-propose-expanding-scope-community-reinvestment-act-regulations)