Realtors® Oppose High Down Payment Requirement for Qualified Residential Mortgage Exemption

Source: National Association of Realtors 

Altadena Home

High down payment requirements being proposed by federal regulatory agencies as part of the upcoming rulemaking under the Dodd-Frank Wall Street Reform and Consumer Protection Act will unnecessarily burden homebuyers and significantly impede the economic and housing recovery, according to the National Association of Realtors®.

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Mary K. Lenahan, JD, Realtor
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