Judge Friedman ruled in favor of the Penobscot Indian Nation and Ameridream in the case involving the rule put out by HUD banning the use of down payment assistance on FHA loans. This ruling gives added arguement against HUD if they were to try to propose a new rule. Another big victory for down payment assistance.

On another front, Congress is working on coming to an agreement on the FHA Modernization Bill. It seems like the only last sticking points are loan limits and DPA. The Senate version would kill DPA while the House version preserves it. This bill is supposed to be on the Presidents desk sometime in April so we will have to see which version if any makes it through.