President Donald Trump’s reforms to the United States housing market are showing real impact as mortgage loan rate locks for migrants seeking Federal Housing Administration (FHA) have plummeted.
In March, the Department of Housing and Urban Development (HUD) ended FHA-insured mortgages for non-permanent residents living in the United States, such as H-1B visa holders, refugees, and asylees, as well as illegal aliens with Deferred Action for Childhood Arrivals (DACA) status, among others.
“While young Americans couldn’t afford to buy a home, FHA loans were being shelled out to non-citizens on H1B Visas. It’s time to end the H1B scam once and…
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