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H. R. 6694 Passes Out Of Committee

H. R. 6694 was passed out of the Financial Services Committee yesterday with strong support from both parties. The bill will probably be voted on by the entire House of Representatives soon. However, this is just the very first step in a long journey before the Bill is finally passed and there is not much time left before the October deadline when H. R. 3221 takes effect and seller assisted down payment programs are banned.

Posted by Carl Pruitt - http://FHALoanAdvice.com on 09/17/2008 11:30 AM

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hr 6694, fha down payment assistance

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