Journal Article

The Federal Housing Administration’s Distressed Asset Stabilization Program: an innovative solution for addressing the national and local impacts of the recession


Abstract: 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.

Access Documents

Authors

Bibliographic Information

Provider: Federal Reserve Bank of San Francisco

Part of Series: Community Development Innovation Review

Publication Date: 2013

Issue: 02

Pages: 63-66