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Home » Store » Taxable » Bush Administration Amplifies Budget Priorities, FHA Hybrid ARMs, Closer Lender Monitoring

Bush Administration Amplifies Budget Priorities, FHA Hybrid ARMs, Closer Lender Monitoring

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Stimulating homeownership opportunities got top billing in the expanded budget discussion released this week for the Department of Housing and Urban Development, but the Bush administration revealed no ambitious new proposals beyond what has been sketched out over the last few months. The administration’s top new homeownership project is a $200 million federal program to match downpayment assistance provided by third parties to low-income families. The program would be administered by state housing finance agencies,
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