All housing counseling programs under HUD, none of them would receive any funding? They would all come to an end in the very immediate future?
I was hoping we were going to do a little bit better than that.
It seems to me a rather complicated--I have seen them on TV, and I understand why people would want to access the equity in their home.
I think that housing counseling is very, very important.
So just think about, what it is you perceive to be, right, that warranty on your car.
I want to thank you for the wonderful work and contribution you make toward the realization of the American dream of homeownership.
So how many people were served by these housing counseling programs last year?
This change would be an added administrative burden to FHA and would make it more difficult for small lenders to offer FHA loans in their co...
Why are we spending more money to create more government agencies? Let us keep it the way it is until we can implement some of the other asp...
A reduction in loan limits is already scheduled, and it is simply too risky to implement further reductions at this time.
You mentioned that a 5 percent downpayment requirement on FHA loans would have prevented 345,000 families from buying homes.