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September 02, 2010 - From Open House

Around the Block: Singin' in the Rain Edition

As the East coast braces for Earl, we bring you the top 5 reasons to stay optimistic:

Irwin Predicts Blue Skies

Post writer Neil Irwin breaks down the top 5 reason to stay, or start to become, optimistic about the economy.

  1. Savings : Americans have doubled their savings since the start of their recession. Although, the penny-pinching may have initially hurt the economy now people have saved enough to start spending again.
  2. Credit : There is a gradual healing process in place although it may take months before the affects

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September 02, 2010 - From Open House

Donovan Announces "First Look" at REO Summit

On September 1, U.S. Department of Housing and Urban Development(HUD)Secretary Shaun Donovan announced a new partnership with the National Community Stabilization Trust to launch the HUD National 'First Look' Program at the Federal Reserve Board REO Summit on Neighborhood Stabilization.

Recognizing the vital edge 'First Look' creates for NSP grantees, including select state and local governments and nonprofits, to beat private investors to the foreclosed properties most strategically important to their local programs, HUD is throwing its support behind First Look as an essential component in the NSP toolbox. HUD's National First Look. more»
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