Industry News

House passes bill to boost home ownership under FHA

Program changes affect down payment, loan limits
Published on Jul 26, 2006

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by CareyBot

The U.S. House of Representatives on Tuesday passed legislation that aims to increase home-ownership opportunities for low- and moderate-income Americans through restructuring of Federal Housing Administration policies. The bill, H.R. 5121, dubbed “The Expanding American Homeownership Act,” was created in ...

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