US: Housing initiatives promoted

Sep 02, 2011 Comments Off by

A more aggressive action was called to help the housing market.

How do they plan to accomplish this? by allowing more homeowners to refinance and by converting some foreclosures into rental housing.

Home sales have been disappointing this year, with tight credit and weak demand making it harder for markets to absorb a steady stream of foreclosed properties.……………………………………….Full Article: Source

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