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New York launches “first of its kind” program; will buy delinquent mortgages from FHA 

Jul 01, 2016By

In what officials are calling a “first of its kind” program, the city of New York announced Thursday that it is plans to buy a number of delinquent loans from the Federal Housing Administration as part of an effort to keep struggling homeowners from losing their homes to foreclosure. Here are all the details.

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