Judge throws out ban on down-payment assistance
HUD must reopen rule-making process
By Matt Carter, Wednesday, March 5, 2008.Federal regulators have not adequately explained their decision to reverse a policy allowing seller-funded down-payment assistance on FHA-backed loans -- or provided sufficient responses to suggestions on ways to mend, rather than end, the practice -- a federal judge has ruled.
more...
To continue reading sign in to your
Premium Member account.
Premium Members have full access to all news archives.
Buy Now Purchase 1-year Premium Membership - $149.95
OR
Buy Now Purchase Monthly Premium Membership - $19.95
Copyright 2008 Inman News
All rights reserved. This content may not be used or reproduced in any manner whatsoever, in part or in whole, without written permission of Inman News. Use of this content without permission is a violation of federal copyright law.
Bookmarking Sites
Story Tools Sponsored by:
