The Washington Independent

Posts Tagged Seller-funded down payments

Risky Mortgage Program Resurfaces in Congress

By | 05.08.09 | 9:34 am

A housing program blamed in part for high default rates on government-backed loans, derided as a “scam” by the Internal Revenue Service and targeted for years for elimination by the agency that ran it looked like it finally had reached its end this fall, after Congress finally banned it. But More…