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March 6, 2012

HUD’s Donovan on Mortgage Assistance Plan – Video – Bloomberg

by billthemortgageguy

YEAH!!! FINALLY!!! CALLING ALL LANDLORDS!!! LISTEN TO THIS!!!!

March 5 (Bloomberg) — U.S. Housing and Urban Development Secretary Shaun Donovan talks about the Obama administration’s plan to extend mortgage assistance to investors who bought multiple homes before the housing market imploded. Landlords can qualify for up to four federally-subsidized loan workouts, as long as they rent out each house or have plans to fill them. Donovan speaks with Trish Regan on Bloomberg Television’s “Street Smart.” (Source: Bloomberg)

via HUD’s Donovan on Mortgage Assistance Plan – Video – Bloomberg.

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