Program to help rural home buyers is nearly broke

Full story: TwinCities.com

A federal loan program that has helped hundreds of thousands of Americans buy homes in rural areas is about to run out of money, potentially crippling the real estate market in many small communities.

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#1
Apr 14, 2010
 

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the Realtors are fast becoming the biggest beggars in DC. just think, they get 7% of all that government hand-out cash.
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Saint Paul, MN

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Apr 15, 2010
 

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???? She did not have the money for the house, why is she buying a three bedroom house???? No mortgage insurance???? WTF??????????

Oh too bad you would have had to rent! THIS PROGRAM IS RIDICULOUS! OBAMA IS USING TAXPAYER MONEY FOR THIS??? I ALWAYS WONDERED HOW PEOPLE BUILT NICE BIG HOUSES IN SMALL COMMUNITIES AND THIS IS WHY!!!!!!!!!!

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