(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 Bonds News
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 Bonds News
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