downpayment assistance: Nehemiah Wins! Downpayment Assistance To Continue - 03/03/08 11:36 PM
Here is a letter sent out Monday March 3 by Scott Syphax, President & CEO of Nehemiah Corporation of America:
Dear Colleague,
I am pleased to announce that Nehemiah was victorious in its litigation against HUD!
Judge Lawrence K. Karlton of the United States District Court for the Eastern District of California upheld Nehemiah's motion for summary judgment. The Court Clerk's Office is directed to enter judgment and close the case.To be clear, the U.S. Department of Housing and Urban Development's (HUD) rule to ban private downpayment assistance as proposed in the "Standards for Mortgagor's Investment in Mortgaged Property" regulation published October 1, 2007, is … (0 comments)

 

Chris Breck,

Advantage Title Company

Baltimore, MD

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Advantage Title Company - Nationwide

Address: 809 Gleneagles Court, Suite 101, Towson, MD, 21286

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