Help Keep the Dream of Home Ownership Alive. Stop the 20% Down Payment Requirement.

Posted by imFORZA Team on July 12th, 2011 | Filed under: Real Estate Market Report

A new and costly rule called Qualified Residential Mortgage, is being considered by federal regulators. If the proposal passes it would require homebuyers to make at least a 20% down payment on a home purchase for the most affordable rates. Federal regulators have taken a law passed by Congress intended to prevent future banking collapses and turned it into an unintended penalty on homebuyers.

Make your voice heard, click on the link below for more information.

https://secure.homeowneraction.org/site/Advocacy?cmd=display&page=UserAction&id=153&utm_source=HLemail&utm_medium=banner&utm_content=narpub&utm_campaign=qrm2011




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