H.R. 3706 - REALLY bad legislation
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H.R. 3706 - REALLY bad legislation

October 7, 2009

This new bill by Congressman Garrett and supported by Fed Chairman Bernake, requires 5% down on FHA loans and requires buyers to pay their own closing costs. This will DEVASTATE the already slow real state market. Please see this website and write Cong. Garrett to stop this bill!
http://www.opencongress.org/bill/111-h3706/show