Thursday, November 1, 2007

Downpayment Gift Ban Lifted

Ah ha - I had a sneaky suspicion that the ban on downpayment gifts would be lifted...and it only took a month to pass down the ruling! A judge has granted an injunction against the US Housing and Urban Development's ban of Downpayment Assistance programs. The blanket ruling states that the courts ruled that HUD cannot enforce its ban until further review.



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