Page 3 - Down Payments News Today

"What happened to that money? I don't know where it is." Iowa families are demanding answers after a sudden business closure.

Put A Down Payment On It: California Reparations Task Force Recommends Down Payments

From capitol hill. good evening, grady. >> good evening, bret. republicans are rolling out legislation to try to roll back new mortgage rule they say would penalize responsible borrowers. g.o.p. congresswoman stephanie bice is proposing a bill that would repeal the federal housing finance agencys new policy. under the rule, which the white house supports, mortgage fees will go up for borrowers with higher credit scores and bigger down payments. fees will go down for borrowers with lower credit s...

Barely make ends meet today. >>today. well, i think theyred it all. >> and youtouc touchedhe on it e perpetual growth in government. this is all abouthis it governmt planning, central planning, soviet style planning, newtment gingrich called it big government socialism. a while back . he was he was e exactly right. youre seeing it growing. i mean, today, yesterday, we uncovered theyre going to actually penalize middle class peopleddle cla who have br fake credit scores and put more down payments...

The federal housing finance agency, director thompson was put into that job, appointed by president biden and confirmed by the senate. but you know, this is an unprecedented move. the gse, freddie mac and fannie mae, quasi private company, in conservatorship because they fell into financial troubles in 2008, but they have always risk based priced their loans. in other words, people with better credit scores and bigger down payments get lower rates than people with really low credit scores and ve...

California is hitting the pause button on its home loan program. Demand was so high, the state ran out of money in 11 days. The program had 300-million dollars

Victoria Offers Help with Down Payments, Closing Costs

Facing high interest rates and home prices, some buyers have only a small down payment to offer. But they still have plenty of options.

In the home ownership market. these are some concerning numbers. 43% home ownership among black families, well below 72% for whites. hispanics, this is actually trending in the right direction. this is the first time its been above 50%. but again, there is a big gap here. i do think, though, that the idea of no credit scores, no down payments, thats going to raise some concerns about kind of bringing back some bad memories of the prime mortgage crisis. bank of america says theyre going to still ...

The announcement comes as interest in Federal Home Loan bank funding has experienced a resurgence, with advances up 48% in the first six months this year.