This program is based on income and community development, and offer underwriting guidelines that helps moderate to low income families access mortgage monies, as well as help decrease the amount of cash needed. Participants are required to attend pre-purchase home…
Tag: USA Only
The Federal National Mortgage Association in the United States that is charted by congress, but remains a shareholder owned corporation. There are no other companies that provide more mortgage funds than FNMA.
A consumer protection law in the United States that regulates the disclosure of consumer credit reports by consumer/credit reporting agencies and sets out guidelines on how to correct errors that can occur on credit reports.
Federal law in the United States that demands lenders and other creditors to make credit (for mortgages) equally available without discrimination based on race, color, religion, national origin, age, sex, marital status, or receipt of income from public assistance programs.