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Housing Bill Limits Government Agencies in Ability to Resel

 
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Molech
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Joined: 01 May 2006
Posts: 2419
PostPosted: Wed Sep 03, 2008 10:40 am    Post subject: Housing Bill Limits Government Agencies in Ability to Resel Reply with quote
According to legal analyses conducted by two Washington D.C.-based law firms, language within the Housing and Economic Recovery Act that ends seller-financed downpayment assistance (DPA) for FHA loan borrowers by non-profit groups, does not make exceptions for government agencies or local governments that still want and are able to provide DPA. The result is that many such government agencies ...

[url=http://us.rd.yahoo.com/dailynews/rss/search/fha+loan+mortgage/SIG=14j361kt1/*http%3A//news.yahoo.com/s/usnw/20080902/pl_usnw/housing_bill_limits_government_agencies_in_ability_to_resell_foreclosed_homes_to_local_homebuyers]Read more...[/url]
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