AgentIndustry News

Last ditch attempt to preserve seller-funded gifts

Legislation would amend housing bill's FHA provisions
Published on Aug 4, 2008

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by CareyBot

Legislation introduced in the House by Al Green, D-Texas, would scuttle plans to eliminate seller-funded down-payment assistance as an option for loans guaranteed by the Federal Housing Administration, but allow FHA to implement risk-based premium pricing. The Bush administration has ...