Home > Blogs > California > Los Angeles County > Torrance > Obama Reforming America’s Housing Finance Market
5,020 views

Catherine Bedrossian's Blog

By Catherine Bedrossian | Agent in Los Angeles, CA

Obama Reforming America’s Housing Finance Market


Reforms Will Shrink the Government’s Footprint in Housing Finance on a Responsible Timeline, Help Protect Taxpayer.  The Plan Includes Critical Measures to Help Fix the Fundamental Flaws in the Mortgage Market, Better Target Government’s Support for Affordable Housing. Some of the highlights include:

· Reducing Conforming Loan Limits

· Phasing in 10 Percent Down Payment Requirement

· Better Target the Government's Support for Affordable Housing

· Reforming and Strengthening the FHA

 

Interest rates are on the rise. Call me @ (310) 383-4212 if you are want to buy The Right Home at The Right Price before future changes drive interest rates higher.

Read the full press release here:

http://www.treasury.gov/press-center/press-releases/Pages/tg1059.aspx

POST
 
Copyright © 2014 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer