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FHA Announces Plans to Sell Discounted, Delinquent Loans to Investors | DSNews.com

While Vermont and Stowe remain mostly isolated from massive amounts of foreclosures, they still do exist and what happens elsewhere can have an impact on our local market.  The FHA has announced plans to sell discounted and delinquent loans to investors starting in September.  The program will open up homes in certain markets and neighborhoods, but not be a wholesale of those areas.  This is another opportunity for home owners to stay in their homes.

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FHA Announces Plans to Sell Discounted, Delinquent Loans to Investors.