Industry News

HUD extends special home loan program to hurricane areas

Action aims to encourage lending in Louisiana, Mississippi
Published on Sep 9, 2005

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by CareyBot

Housing and Urban Development Secretary Alphonso Jackson on Thursday announced that Ginnie Mae, a government-owned corporation located within HUD, will extend its Targeted Lending Initiative (TLI) to the areas hardest hit by Hurricane Katrina. The TLI is a program that ...

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