By J. Preston Carter, J.D., LL.M., Editor, the CCH Federal Banking Law Reporter, CCH Financial Privacy Law Guide, CCH State Banking Law Reporter and Bank Digest.
In remarks before the National Council of State Housing Agencies on March 8, 2010, Treasury Assistant Secretary Michael S. Barr gave an update on the progress of the “Homeowner Affordability and Stability Plan,” a broad set of programs designed to stabilize the U.S. housing market and help keep millions of homeowners in their homes. He noted that programs partnering with the Housing Finance Agencies--the HFA Initiative and the HFA Hardest Hit Fund-- are key parts of the Administration's broad set of housing initiatives.
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