Well, RD is out of Money...What Now???

By
Mortgage and Lending with Icon Mortgage NMLS #134262

Simple! Help us get the program refunded and continue funding independent from appropriations for the life of the program.

How, you ask? Again, Simple but it will take a few moments of your time and a couple of long distance minutes on next month's phone bill.

The bill in question is HR 5017, or S3266. Call Any or Preferrably ALL of the following individuals and DEMAND attention on this important issue. You can also look for my soon coming blog that will provide a form letter that you can send to each of these people via their website, and oh yes...I WILL provide links.

Debbie Stabenow (202) 224-4822. Your trusted local Michigan Senator that doesn't even realize that Michigan accounts for 28% of ALL Rural Housing Loans or that in Michigan- 31% of all mortgage loans originated are Rural Housing loans, or that 45% of First Time Home buyers in Michigan rely on USDA Guaranteed Financing.

BTW-Carl Levin, no matter how you feel about him, was an original co-sponsor of the bill.

 

United States Senate Committee on Banking, Housing, and Urban Affairs. (202) 224-739.

These are the people who are so busy passing pet project regulatory legislation that will be obsolete in 2 years that they have ignored this pertinent issue and now are just so drained that they want to recess until after the Memorial Day Holiday. DEMAND that they don't, We need your support.

 

Members of the Banking and Housing Committee that were original supporters of this bill. Be nice to these ones, they were trying to do well, but were met with Senator Dodd's opposition.

Bennet (CO) (202) 224-5852
Johanns (NE) 202) 224-4224
Brown (OH) 202) 224-2315...

Jon Tester (D-MT) (202) 224-2644

All of the Senate Housing and Banking Committee:

Christopher J. Dodd Chairman (D-CT) (202) 224-2823

Richard C. Shelby Ranking Member (R-AL) (202) 224-5744

Tim Johnson (D-SD) (202) 224-5842

Jack Reed (D-RI)(202) 224-4642

Charles E. Schumer (D-NY) 202-224-6542

Evan Bayh (D-IN) (202) 224-5623

Robert Menendez (D-NJ) 202.224.4744

Daniel K. Akaka (D-HI (202) 224-6361

Sherrod Brown (D-OH) 202-224-2315

Jon Tester (D-MT) (202) 224-2644

Herb Kohl (D-WI) (202) 224-5653

Mark Warner (D-VA) 202-224-2023

Jeff Merkley (D-OR) 202-224-3753

Michael Bennet (D-CO) (202) 224-5852

Robert F. Bennett (R-UT) (202) 224-5444

Jim Bunning (R-KY) 202.224.4343

Mike Crapo (R-ID) (202) 224-6142

Bob Corker (R-TN) 202-224-3344

Jim DeMint (R-SC) 202-224-6121

David Vitter (R-LA) (202) 224-4623

Mike Johanns (R-NE) (202) 224-4224

Kay Bailey Hutchison (R-TX) 202-224-5922

Judd Gregg (R-NH) (202) 224-3324

Senate Majority Leader Harry Reid 202-224-3542
The Big Dog....

For more information, Call Today or Visit our website:

810-953-4266 or www.iconmortgagelending.com

Comments (3)

Marilyn Boudreaux
Marilyn Boudreaux, Century 21 Bono Realty - Lake Charles, LA
Lake Charles LA Century 21 Realtor

I hope RD will be refunded for the rest of the nation.  We are somewhat fortunate here in Louisiana if you can call it that since we were funded for our state due to the 2005 hurricanes---The government needs to realize that USDA is the only 100% financing available for homebuyers and for some it is the only way they will ever be able to buy a home.

May 21, 2010 04:59 PM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Mathew,

USDA is a very good loan program that needs to continue.

May 21, 2010 05:21 PM
Matthew Watts
Icon Mortgage - Flint, MI
"Mortgage Matt"

Marilyn, yeah it is a tough way to be lucky, but whatever works to keep financing available. What's ridiculous is that they see it as an emergency need yet let it run out everywhere else. Hopefully it won't be long though. I really don't think it will.

May 21, 2010 05:43 PM