The Federal Housing Administration (FHA) last week announced they were in support of a program that would allow approved lenders, nonprofits, and state and local governments to fund short term loans that could be used as down payments to be repaid once the borrower received the tax credit. Congress approved the tax credit in February’s [...]
Entries Tagged as 'FHA'
FHA First-Time Buyer $8000 Tax Credit Allowed as Down Payment?
May 22nd, 2009 · No Comments · Mortgages
Tags: $8000 tax credit·boost housing market·federal tax credit·FHA·First Time Homebuyer·First time homebuyer tax credit·HUD·use tax credit for downpayment
What Can You Expect After a Bankruptcy? The Time Line
January 9th, 2009 · 5 Comments · Banking, Bankruptcy, Credit Cards, Mortgages
Recently, someone called this article to my attention, which extolls the advantages of bankruptcy. It listed several advantages to doing it and seemed to gloss over the detriments. It’s written by Jane Bryant Quinn, who is a very respected writer by many journalists (including myself) about personal finance.
http://www.newsweek.com/id/177749?GT1=43002
To get my two cents in, I have [...]
Tags: After Bankruptcy·Credit Cards·Fannie Mae·FHA·Freddie Mac·Mortgages·Secured·Time Line·Unsecured
