The geniuses at HUD are looking to both decrease the FHA loan limits and Increase the minimum down payment requirement.  Is this a wise idea to start poking holes in the life raft of the housing market?  Currently Fannie Mae and Freddie Mac mortgage bonds are out performing treasuries.  Is this a good or bad thing? NAR, NAMB, NAIHP, IMMAAG and just about every other acronym met with Elizabeth Warren the special assistant to the treasurer about the CFPB and changes to TILA.  Check out the info below to show how voice your opinion.  Don’t forget to forward and subscribe to the Kunselman Team Blog.

Here’s how to get involved:

1. The forms are available on the website. :http://www.consumerfinance.gov/
2. For this round of input,no later than5/27/11 Go tohttp://www.consumerfinance.gov/knowbeforeyouowe/about/.
3. Read ALL the information first – it describes the process and the concept.
4. At the bottom of the page is a How Can I Get Involved Right Nowsection with a link
5. Click on the “review our draft disclosure designs and give us your input” link.
6. Here you are given the opportunity to comment on the version of the form you selected. You may also click on the alternative version after you finish commenting on one.
7. The forms allow you to hover over any area on which you want to comment. Click on the form and a comment box drops down. You are allowed four comments. The process solicits comments about “areas you found helpful” However, the comment drop downs are free form. You have the flexibility to offer single or multiple comments, positive or negative. If you find the request for four positive comments adequate for your feedback, then you are done.
8. On the other hand, if you want to add other thoughts, the Bureau invites you to email them toKn…@treasury.gov.