Ruth Vogt
719-592-0855 www.ReverseLoansInColorado.com
Colorado Springs,
CO
More about me…
Fairway Independent Mortgage, LLS. Equal Housing Opportunity. Regulated by the Division of Real Estate.
Address: Serving Colorado Springs and surrounding areas, Offering FHA, VA, conventional, bond financing programs, Contact , ME, 719-592-0855
Office: (719) 592-0855
Mobile: (303) 881-7849
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There has been much controversy over HUD granting a 6-month extension to Nehemiah only and to no other Down Payment Assistance Programs. A closed door meeting with the counsel for HUD, (the justice department), and counsel from Ameridream discussing the logic of the 6-month extension for everyone in the industry resulted initially in HUD's refusal to relent. The only option remaining for Ameridream was to file an injunction. Here is a timeline of what has happened:· 10/1/07: HUD issued its Final Rule "Standards for Mortgagor's Investment in Mortgaged Property" eliminating seller-assisted down payment assistance programs. 
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