Tomorrow’s Mortgage Industry March on Washington, to save the seller-contributed down payment assistance programs, may be for naught. It looks like the deal’s been cut already. If you're interested in the new minimum loan guidelines, we expect the saved down payment assistance programs to have,
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09/09/2008
Sean Purcell and I recorded a teleconference for California REALTORS about the Treasury bailout of the GSEs. We talk about what exactly happened and what the near-term (3-4 month) effects and medium-term (12-18 month) effects on underwriting guidelines and rates. We also guessed at what the long
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09/08/2008