Friday, July 25, 2008

Russell Simmons Taking a Stand

Russell Simmons held a press conference today to discuss his stand against the possibility of banning of seller-funded down payment assistance. Which is the last remaining program available to help low-to-moderate income working families become homeowners. Simmons says elimination of the practice "would not only be a tragedy for hundreds-of-thousands of would-be homeowners, but the overall mortgage market"

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