The CFPB and Consumer Protection, Down Payment Programs, Nevada Rural Housing Mortgage Credit Certificates

Roland and Heidi discuss the importance of homeownership and the challenges faced by potential home buyers. They highlight the Path to Home Ownership workshop, which includes education on budgeting, mortgage processes, and credit improvement. Kevin Hickey from Nevada Rural Housing explains their programs, including down payment assistance and the Mortgage Credit Certificate (MCC), which offers a tax credit on mortgage interest. They emphasize the need for borrowers to work with approved lenders and stress the importance of fair housing and consumer protection, particularly in light of potential changes to the Consumer Financial Protection Bureau (CFPB) and HUD.