By: Brittany Dunn A new initiative announced Monday by HUD will give state and local governments and nonprofit organizations participating in the department’s Neighborhood Stabilization Program (NSP) preference to acquire homes from its inventory of foreclosed properties at discounted rates. Touted as the “First Look” initiative, this temporary program will align NSP and Federal Housing … Continue reading HUD to Sell REO Properties at Discounted Rates to NSP Grantees