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	<title>Frost Mortgage &#187; U.S. Department of Agriculture loans</title>
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		<title>Possible extension for rural housing program</title>
		<link>http://frostmortgage.com/2010/05/03/possible-extension-for-rural-housing-program/</link>
		<comments>http://frostmortgage.com/2010/05/03/possible-extension-for-rural-housing-program/#comments</comments>
		<pubDate>Tue, 04 May 2010 01:10:09 +0000</pubDate>
		<dc:creator>Greg Frost Jr.</dc:creator>
				<category><![CDATA[Homebuying]]></category>
		<category><![CDATA[Mortgage Banker News]]></category>
		<category><![CDATA[Mortgage News]]></category>
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		<category><![CDATA[Rural Housing Service]]></category>
		<category><![CDATA[U.S. Department of Agriculture loans]]></category>
		<category><![CDATA[USDA]]></category>

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		<description><![CDATA[The Rural Housing Service&#8217;s single-family program (subscription required) is almost out of loan guarantee authority, but a bill passed by the House and potentially being taken up by the Senate this week would extend it to Sept. 30, giving it time to become self-funding &#8230; <a href="http://frostmortgage.com/2010/05/03/possible-extension-for-rural-housing-program/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<p>The <a href="http://brokeruniverse.com/news/#1272124801">Rural Housing Service&#8217;s single-family program</a> (subscription required) is almost out of loan guarantee authority, but a bill passed by the House and potentially being taken up by the Senate this week would extend it to Sept. 30, giving it time to become self-funding by raising its fee to 4 percent (it is currently 2 percent). The Agriculture Department-managed program has been extremely popular.</p>
<p><a href="http://frostmortgage.com/find-a-loan-officer/">U.S.Department of Agriculture (USDA) loans</a> are one of our specialties, and we&#8217;ll be watching these developments closely. Please click today to find a <a href="http://frostmortgage.com/find-a-loan-officer/">friendly, helpful loan officer</a> in your area.</p>
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