hud ruling: HUD'S NEW RULING JUST IN - 10/04/07 09:01 AM
 
Home Buyers
HUD has just issued a final rule prohibiting the use of down payment assistance programs where a seller or other interested party (agent, lender, builder), places funds with a non-profit to facilitate the borrower down payment. This is effective as of October 31, 2007.
 This is the exact language in the … (1 comments)

 
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Ted M Wheaton II

Virginia Beach, VA

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REMAX Alleiance

Office Phone: (757) 217-1900 x 147

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