Tuesday, January 13, 2009

Rumor Mill: New Housing Plan to Be Announced

Of course with any rumor, take it for what it is.

"I've seen documentation and has been promised that .gov WILL be offering $10k-$20k buyers assist. cash & 2% first yr 3% 2nd yr and 4% thereafter 30yr mortgages & that previous defaults will not affect FICO to the degree that would keep people from re-buying - plan will be fully implimented within 9 months."

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