Community Development Investment Review

February 2014
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The Federal Housing Administration’s Distressed Asset Stabilization Program: An Innovative Solution for Addressing the National and Local Impacts of the Recession

Author(s):

FHA’s Distressed Asset Stabilization Program, which builds on an existing program known as the 601 Accelerated Claims Disposition note sales program, is an innovative strategy to sell severely delinquent loans before they go into foreclosure.

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