(Reuters) - State officials hope this will be enough to keep some vulnerable low and moderate income neighborhoods from sliding into decline.
The Journal said some of the programs will be similar to existing government-lending programs, in which the state extends mortgages to homeowners and then sells those home loans, in some cases to companies such as mortgage and finance giants Fannie Mae and Freddie Mac.
Read more at Reuters.com Business News
The Journal said some of the programs will be similar to existing government-lending programs, in which the state extends mortgages to homeowners and then sells those home loans, in some cases to companies such as mortgage and finance giants Fannie Mae and Freddie Mac.
Read more at Reuters.com Business News
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