Industry News

Ban on down-payment aid takes effect

Group continues to lobby for reinstatement
Published on Oct 2, 2008

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by CareyBot

Nehemiah Corp., a nonprofit corporation that has offered a privately funded down-payment assistance program to buyers since 1997, is continuing to push for reinstatement of its program after a ban on such assistance for borrowers seeking FHA loans took effect on Wednesday, Oct. 1.

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