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federal bail out

California Housing Finance Agency Suspends Programs / Down Payment Assistance

by Scott Schang November 9, 2009 Uncategorized

 September 23rd, 2008 - In a shocking move today CalHFA temporarily suspends  most of thier first time home buyer programs leaving only the 30 year fixed and the Extra Credit Teacher Program:

Effective immediately and until the financial markets stabilize, the following CalHFA first
mortgage products are temporarily unavailable:
• 35-Year Fixed Rate Mortgage – interest only PLUSSM
• 40-Year [...]

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