Industry NewsMarkets & Economy

$4 billion in foreclosure grants coming

Databases show markets most likely to get funding
Published on Oct 27, 2008

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by CareyBot

A spreadsheet that shows the prevalence of subprime lending and delinquency and foreclosure rates in more than 1,000 housing markets could provide an indication of where nearly $4 billion in federal grants will be spent to help state and local governments buy foreclosed and abandoned homes.

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