American Dream Enabling Legislation Introduced

Vadum, Matthew
April 2002
Bond Buyer;4/23/2002, Vol. 340 Issue 31371, p5
Trade Publication
Introduces the legislation to formally create the American Dream Downpayment Fund in the U.S House of Representatives. Provisions of the bill; Significance of the bill for first-time prospective home-buyers; Probability of an opposition from affordable-housing organizations.


Related Articles

  • Banks, agents battle over real estate turf. Couzens, Fred // Las Vegas Business Press;04/09/2001, Vol. 18 Issue 15, p5B 

    Reports on potential changes in the home-buying landscape of Nevada as a result of the United States' Gramm-Leach-Bliley Financial Modernization Act of 1999. Competition between banks and real estate brokers in the sale of homes; Advantages and drawbacks of allowing banks to compete with real...

  • Clearing the way for ownership. Dudley, Dominic // MEED: Middle East Economic Digest;9/24/2010, Vol. 54 Issue 39, p34 

    The article discusses the structural problems that prevented the development of a healthy housing finance model and the introduction of a mortgage law in Riyadh, Saudi Arabia. It notes that Riyadh has faced challenges on providing affordable housing due to lack of access to finance for finance...

  • Strategic Plan for the GSE Conservatorships. Watt, Mel // National Mortgage News;5/19/2014, Vol. 38 Issue 20, p16 

    The article focuses on the U.S. Federal Housing Finance Agency's (FHFA) plan regarding conservatorship authority to lower the mortgage amounts eligible for guarantee. It is noted that the principle being followed in making decisions about the future strategic direction of the enterprise...

  • Housing Finance Reform Should Be True Reform-Not Retrogression. Morial, Marc H. // National Mortgage News;5/19/2014, Vol. 38 Issue 20, p26 

    The article reports on an announcement by the U.S. Senate Banking Committee regarding its indefinite postponement of the markup of the Johnson-Crapo housing finance reform bill. It is noted that by limiting opportunities of the working class to become homeowners, the bill would broaden the...

  • Michigan Housing Authority May Expand Borrowing in FY 2006. Carvlin, Elizabeth // Bond Buyer;1/13/2005, Vol. 351 Issue 32049, p4 

    The article reports that the Michigan Housing Finance Authority would double its borrowing in fiscal year 2006 after Governor Jennifer Granholm signed two laws that will raise the qualifying income and home purchase price thresholds of loan participants and create a new program for student...

  • Industry Poised for A Coup on Dodd-Frank. Borak, Donna // National Mortgage News;9/2/2013, Vol. 37 Issue 34, p1 

    The article focuses on the regulations of the U.S. Dodd-Frank Act of 2010 and 2011 while discussing its revision in 2013. It informs that the housing industry agencies are expected to propose amendments for a risk-retention rule for "qualified residential mortgages," which relives scrutinizers...

  • HELP FOR FIRST-TIME HOME BUYERS. Caplin, Joan; Feldman, Judy; Gibbs, Lisa; Lee, Jeanne; McGirt, Ellen; Saha, Aparajita; Weisser, Cybele // Money;Jun2003, Vol. 32 Issue 6, p106 

    For buyers new to the market, pulling together a down payment is the main challenge. Start with the Federal Housing Administration. It offers mortgages with competitive interest rates, low down-payment requirements and closing costs you can finance. Next, look into Fannie Mae's Flex mortgages,...

  • Proposed Rules: FEDERAL HOUSING FINANCE AGENCY.  // Federal Register (National Archives & Records Service, Office of;4/19/2013, Vol. 78 Issue 76, p23507 

    The article offers information on a notice of a regulatory review issued by the U.S. Federal Housing Finance Agency (FHFA) that will be conducted in accordance with the process set forth in the regulatory review plan published by FHFA in 2012. In addition, FHFA invites comment on its existing...

  • Packing it in. Harris, Mark // Money Marketing;8/3/2006, p24 

    The author reflects on the decision on the British government on the housing mortgage package to make home condition reports mandatory when the packs are introduced. He points out that there is little public sympathy for estate agents but many have invested millions of pounds on the back of the...


Read the Article


Sign out of this library

Other Topics