Morgan, An interesting item buried in this bill is the death of downpayment assistance programs like HART and Nehemiah. We now have almost NO options for zero downpayment loans. Some will say that's great news but it is going to mean a further drop in prices in first time buyer/low income areas where downpayments are hard to come by.
Don Josh, that's really bad news to hear about Nehemiah. It actually makes me really angry. So now people who are a good fit for this program are being punished.
I hate this.