Who said the Housing Market is Recovering?

The Federal Housing and Urban Development (HUD) Secretary, Shaun Donovan said while visiting Charlotte!! He attributes the key to helping struggling homeowners avoid foreclosure is the $25 billion national mortgage settlement the government worked out with the Lending facilities. He feels this settlement ultimately helps both sides of the aisle, by stabalizing the market, repeating a housing crises but more importantly providing the consumer a single point of contactso asnot toforeclose on homeowners while they are seeking to negotiate with their lenders.

To learn more, read Charlotte Observer article: “HUD chief, in Charlotte, says Housing Market Recovering.”

HUD chief, in Charlotte, says housing market recovering

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