HUD Key to Construction DealThe article reports on the announcement rendered by the state officials regarding their 100 million U.S. dollar loan guarantee application to be submitted to the Department of Housing and Urban Development (H...
On a larger scale, FHA backed loans have a positive impact on the economy. People who may not qualify for a traditional mortgage can turn to the FHA for assistance to purchase their home, which helps to stimulate the housing market. Additionally, distressed homes or properties in need of ren...