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Down Payment Assistance Program Legislation

September 11th, 2008 1 Comment

Frank says HUD supports compromise bill
By Matt Carter, Wednesday, September 10, 2008.

STOCKTON, Calif. — A last-ditch effort to head off an Oct. 1 ban on the use of seller-funded down-payment assistance with FHA-backed loans is picking up steam as a compromise bill, that would mend rather than end the practice, gains momentum.
HR 6694, [...]

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