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• FHA Preps Tax Credit for Down Payment Use

  Home buyers qualifying for Federal Housing Administration -insured mortgages may soon use the new first-time home buyer $8,000 tax credit as a down payment, US Department of Housing and Urban Development secretary Shaun Donovan said today. The process Read More... Posted Wednesday, May 13, 2009 9:23 AM by Laura & Ron Canny | 0 Comments Filed under: FHA, mortgage, tax credit, National Association of Realtors, HUD, US Department of Housing and Urban Development, NAR, monetization, monetize, Federal Housing Administration, American Recovery and Reinvestment Act of 2009