Las Vegas Real Estate Update-FHA Assistance-RIP
Jul 27th, 2008 | By
Kendall Trotter) |
Category: Las Vegas Real Estate Video
Kendall Trotter and Steve Hawks discuss the repercussions of the elimination of FHA down payment assistance programs. Homeowners and home buyers know these programs as Nehemiah,Ameridream etc. HUD officials said approximately 33% of FHA loans used down payment assistance,and these loans caused “substantial losses.” The agency has asserted that borrowers of down payment assistance-style loans [...]
