Analysis: Section 502 & Recession Relief

April 24, 2017 Aly Yale

A new analysis shows the USDA’s single-family loan programs offered a strong alternative to conventional loans during the housing crisis. At one point, 502 Guaranteed loans even exceeded 100 percent LTV. Guaranteed loans jumped by 483 percent from 2006 to 2010, while Direct ones rose 88 percent.

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