Skin in the Game
Posted on August 7th, 2008 by katyfamilyhomes.com
On July 30, 2008 President Bush signed into law H.R. 3221, the Housing and Economic Recovery Act of 2008 which bolstered the financial position of FNMA and FHLMC, which is essential to the housing industry. Also included in that legislation was the elimination of seller funded down payment assistance programs (Nehemiah, Genesis, etc.) effective September [...]
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Filed under: Economy/Market, Katy Family Homes
