8 avoidable mistakes first-time homebuyers keep making

Trending Thursday: CFPB data collection worse than the NSA?

Slowly but surely GSE shareholders cutting into Treasury, FHFA secrecy

RealtyTrac: All-cash sales at lowest since late 2009

Institutional investor share at 15-year low
W S

HUD stepping up investigation into 'required use'

/ Print / Reprints /
| Share More
/ Text Size+
The Obama administration wants to stir the pot on a highly contentious issue involving homebuilders and their customers: the legality of the discounts, rebates, closing costs, upgrades and other lures that builders often dangle in front of buyers -- but only if they agree to use the builder's affiliated mortgage lender. In the real estate business, the issue is known as "required use."

Recent Articles by Diana Golobay

Comments powered by Disqus