FHA’s Distressed Asset Stabilization Program Should Be Improved, Not Abandoned
Urban Institute, Aug. 14, 2019–Laurie Goodman, Edward Golding, Jim Parrott
The authors argue that the DASP program is not fatally flawed; rather, DASP is a powerful tool that has helped thousands of families avoid foreclosure and has reduced stress on the FHA’s insurance fund, making it easier for FHA to keep premiums low to ensure broad access to homeownership.
