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FHA loans fell out of favor due to the relaxed rules of conventional loans in the past several years.  FHA had many rules that made it difficult for homebuyers, and more expensive for home sellers.  Those days are gone!

FHA is now going to be the loan product of choice for many people looking to buy homes in South Florida and across the United States.

The down payment requirements are favorable to today's buyers, requiring buyers to have a down payment of only 3.5%, and the down payment can be a gift from a relative.

Sellers can pay up to 6% towards the buyer's closing costs and pre-paids.

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Treasury Proposed Blueprint for Modernizing Financial Regulation
NAR's Concerns about Treasury's Financial Regulatory Restructuring Blueprint

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The Washington Report - A Weekly Report on Legislative and Regulatory Issues

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The Washington Report - A Weekly Report on Legislative and Regulatory Issues

OFHEO Agrees Not to Reduce Conforming Loan Limits

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REALTORS play an important role in the public policy arena.  To assess views on the importance of these issues, a survey was distributed to REALTORS asking them to rate the importance of 34 public policy issues.

Click here for a copy of this survey.

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The President has signed the economic stimulus bill. The Internal Revenue Service will begin sending stimulus payments, popularly known as tax rebates, in May 2008.

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