Wednesday, April 23, 2003

Freddie Mac, Bob Bennett announce low-cost housing opportunity

Freddie Mac issued a press release yesterday announcing a new effort to make it easier for the Hispanic population of Utah to own homes. Sen. Robert Bennett, Far West Bank, and the Community Development Corporation of Utah joined in the announcement. The program includes aggressive outreach and borrower education along with homeownership initiatives from Salt Lake City and flexible lending from Far West Bank.  Freddie Mac has agreed to purchase the mortages.
[Community Development Corporation of Utah]


11:19:08 AM