SOUTH JORDAN, Utah – December 05, 2023 – CBC Mortgage Agency (CBCMA), a Native American wholly owned and federally chartered housing finance agency, is introducing a buydown feature for its down payment assistance (DPA) program for FHA first mortgage financing. This new feature comes a few weeks after the company decreased the interest rate offered on its down payment assistance to minimize the impact of high first mortgage rates and high home prices on low-to-moderate borrowers.

The addition of the buydown feature – which is either a 2-1 buydown or a 1-0 buydown – lowers the interest in the first formidable years of homeownership, which may make a significant difference in helping borrowers purchase a home if they can make the payments once the interest rate increases.

“The addition of a 2-1 and a 1-0 buydown feature is CBC Mortgage Agency’s continued response to the ongoing effect of the higher interest rates,” said Cari Zwick, National Program Director. “We’ve had a lot of requests for a buydown feature, and we hope it provides some relief to buyers during the current state of the housing market”.

About CBC Mortgage Agency

Founded in 2013, CBC Mortgage Agency is a nationally chartered housing finance agency. As a leading source of down payment assistance, the company helps low-to-moderate income consumers, often in minority neighborhoods, achieve the dream of homeownership. CBC Mortgage Agency, recognized as one of the Top 25 Companies in Mortgage & Servicing by MReport, is a wholly owned subsidiary of Cedar Band Corp., a federally chartered tribal corporation founded by the Cedar Band of Paiute Indians. Visit chenoafund.org for more information.

CBC Mortgage Agency plays a crucial role in the housing market by establishing consistent guidelines that may be offered across the country (except NY), making it easier for lenders to implement across their lending platforms, which benefits the borrower in the long run. Down payment assistance is essential for many families, and CBC Mortgage Agency’s programs, including its forgivable down payment assistance program, offer an alternative to relying on gifts from relatives.

The post CBC Mortgage Agency Adds Temporary Rate Buydowns with DPA appeared first on CBC Mortgage Agency.

SOUTH JORDAN, Utah – November 14, 2023 – CBC Mortgage Agency (CBCMA), a federally chartered housing finance agency, is reducing its interest rate on repayable second mortgages used for its down payment assistance (DPA) program. For underserved and first-time homebuyers, the rate reduction will minimize the dual impact of significantly higher first mortgage interest rates and increased home prices to help create more homeownership opportunities.

The rate reduction aligns with the company’s mission to support families on their journey to homeownership. Lowering the cost of owning a home, especially on financing costs, can make a substantial difference for many borrowers, especially those in low-to-moderate income communities.

“We looked hard and long at how we could help solve the affordability problem in housing, which is locking many would-be homebuyers out of the market,” said CBCMA President Miki Adams. “Among the measures within our control is the note rate on our portfolio seconds. By meaningfully reducing our rate, more borrowers stand a better chance at qualifying.”

This initiative underscores CBCMA’s ongoing commitment as the leader in national down payment assistance programs that help homebuyers of all backgrounds become homeowners. Over the past decade, the company has assisted thousands of homebuyers, including many first-time and minority

borrowers. The company recently received approval to begin offering USDA loans, providing another powerful resource that is empowering low-to-moderate income buyers in rural areas to live the American Dream.

CBCMA plays a crucial role in the housing market by establishing consistent guidelines that may be offered across the country (except NY), making it easier for lenders to implement their program across all lending platforms, which benefits the borrower in the long run. Down payment assistance is essential for many families, and CBCMA’s programs, including its forgivable down payment assistance program, offer an alternative to those who do not have access to other forms of assistance, such as gifts from relatives.

“Homebuyers who are borderline eligible may find that even a small cut in their monthly housing payments is enough to shift from being renters to owners, opening the door to wealth accumulation through home equity,” said CBCMA’s Chief Operating Officer, Steve Stein.

Ultimately, the company hopes to facilitate more homeownership opportunities nationwide by lowering the interest rate on second mortgages.

About CBC Mortgage Agency

Founded in 2013, CBC Mortgage Agency is a Federally chartered housing finance agency. As a leading source of down payment assistance, the company helps low-to-moderate income consumers, often in minority neighborhoods, achieve the dream of homeownership. CBC Mortgage Agency, recognized as one of the Top 25 Companies in Mortgage & Servicing by MReport, is a wholly owned subsidiary of the Cedar Band Corp., a federally chartered tribal corporation founded by the Cedar Band of Paiute Indians. Visit chenoafund.org for more information.

The post CBC Mortgage Agency Lowers Rates on DPA Second Mortgages appeared first on CBC Mortgage Agency.

The post Homebuyers’ Checklist: Essential Security Measures appeared first on CBC Mortgage Agency.

From home automation to advanced security systems, these innovations offer numerous benefits for buyers, sellers, and real estate agents alike. This article will explore how smart technology is transforming the real estate sector and what it means for homeowners and industry professionals.

Integrating Smart Technology with Traditional Real Estate Practices

Traditionally, the real estate sector has relied on in-person meetings, manual paperwork, and conventional marketing strategies. However, integrating smart technology into these practices can significantly enhance efficiency and effectiveness. Real estate agents can now use digital tools to manage listings, schedule showings, and communicate with clients more easily.

For instance, virtual reality (VR) technology allows potential buyers to take virtual tours of properties from the comfort of their homes. This means buyers can view multiple homes in a shorter amount of time, making the home-buying process more convenient. Additionally, smart customer relationship management (CRM) systems enable agents to keep track of leads and client interactions, improving their overall service.

By embracing smart technology, real estate professionals can provide a more streamlined experience, ultimately leading to better client satisfaction and increased sales.

How Smart Home Automation Enhances Property Value

Smart home automation is one of the most popular advancements in the real estate sector. Homes equipped with smart devices not only offer convenience but also tend to have higher property values. Features like smart thermostats, lighting systems, and security cameras can make a home more appealing to potential buyers.

For example, a smart thermostat allows homeowners to control their heating and cooling systems remotely, resulting in energy savings and increased comfort. Similarly, smart lighting systems can be programmed to create the perfect ambiance for any occasion. These enhancements make a property more attractive and can lead to quicker sales at better prices.

Moreover, homes with integrated smart technology can stand out in a competitive market. Buyers are often willing to pay more for homes that offer modern conveniences and increased security, making smart home automation an excellent investment for homeowners looking to sell.

Top Smart Devices for Modern Real Estate

Several smart devices are revolutionizing the way homeowners interact with their properties. Here are some of the top smart devices that are becoming essential in modern real estate:

1. Smart Thermostats: These devices allow homeowners to manage their heating and cooling systems from their smartphones. They learn user preferences over time, optimizing energy usage and lowering utility bills.

2. Smart Security Cameras: Homeowners can monitor their property in real-time using smart security cameras. These devices can send alerts to users when motion is detected, providing peace of mind when they are away.

3. Smart Locks: Smart locks offer keyless entry to homes. Homeowners can unlock their doors remotely or provide temporary access codes for guests, making it a convenient and secure option.

4. Smart Lighting: Homeowners can control their lighting through mobile apps or voice commands. Smart lighting can also be programmed to mimic natural light patterns, enhancing the overall atmosphere of the home.

5. Smart Appliances: From refrigerators that notify you when groceries are running low to washing machines that can be controlled remotely, smart appliances make daily chores easier and more efficient.

By incorporating these devices, homeowners can enhance their living experience and improve their property’s appeal to potential buyers.

Smart Locksmith Services: Features That Homeowners Love

As smart technology continues to advance, locksmith services are also evolving, click here to explore some of them. Smart locks are becoming increasingly popular among homeowners for several reasons:

1. Convenience: With smart locks, homeowners can lock and unlock their doors using their smartphones. This feature eliminates the need for physical keys, making access easier and more convenient.

2. Remote Access: Smart locksmith services allow homeowners to grant access to friends, family, or service providers remotely. This is particularly useful for those who travel frequently or have guests visiting.

3. Increased Security: Many smart locks come with advanced security features, such as alerts for unauthorized access attempts. Homeowners can monitor their locks and receive notifications if someone tries to tamper with them.

4. Keyless Entry: Smart locks provide a keyless entry option, which can be a significant advantage for families with children or those who frequently misplace their keys.

5. Integration with Other Smart Devices: Smart locks can be integrated with other smart home devices, such as security systems and smart lighting, providing a cohesive and secure home environment.

These features make smart locksmith services an appealing option for modern homeowners looking to enhance their home’s security and convenience.

Conclusion

Smart technology is reshaping the real estate sector by enhancing efficiency, improving property value, and providing innovative solutions for homeowners. From smart home automation to advanced locksmith services, these technologies are making homes more comfortable, secure, and appealing to potential buyers.

As the real estate market continues to evolve, embracing smart technology will be essential for homeowners and real estate professionals alike. By adopting these solutions, everyone can benefit from the convenience and advantages that smart technology offers, paving the way for a more connected and efficient real estate industry.

The post Smart Technology Solutions for the Real Estate Sector appeared first on CBC Mortgage Agency.

A strategic location not only attracts more clients but also creates a professional environment for your team. In this article, we will explore how to select the best location for your real estate office, focusing on the factors that matter most.

Understanding the Importance of Location for Your Real Estate Office

The location of your real estate office plays a vital role in how your business is perceived. A well-chosen location can enhance your brand image and build trust with clients. If your office is situated in a busy area, potential clients are more likely to notice your presence and approach you for assistance. On the other hand, an office in a remote or hard-to-find area may deter clients from visiting.

Moreover, a strategic location can make it easier for your agents to network with other professionals in the industry. Being close to banks, mortgage brokers, and local locksmiths can help you build valuable relationships that can benefit your business. In summary, understanding the importance of location is the first step toward making an informed decision.

Key Factors to Consider When Choosing a Real Estate Office Location

When choosing a location for your real estate office, there are several key factors to consider:

1. Target Market: Identify your target audience and find a location that is convenient for them. For instance, if you specialize in residential real estate, you may want to choose a location in a family-friendly neighborhood.

2. Visibility and Accessibility: Your office should be easily visible and accessible to clients. A location on a main road or in a busy shopping area can attract more foot traffic. Ensure that the office is easy to access by car or on foot, with adequate parking available.

3. Local Competition: Analyze the competition in the area. A location with several other real estate offices may indicate a high demand for real estate services. However, too much competition can also make it harder to stand out. Consider areas with a balance of competition and demand.

4. Demographics: Research the demographics of the area. Understanding the local population can help you tailor your services to meet their needs. For example, if the area has a high concentration of first-time homebuyers, you may want to offer services that cater to them.

5. Cost: Budget is always a consideration. Make sure the location you choose fits within your financial plans. High-traffic areas may come with higher rent, but the potential return on investment could justify the cost.

Choosing a Location with Easy Access to Local Locksmiths

Security is an essential aspect of any real estate office. Choosing a location with easy access to local locksmiths can enhance the security of your office and your clients’ properties. Local locksmiths can provide valuable services such as lock installation, key duplication, and emergency locksmith services. By establishing a relationship with nearby local locksmiths, you can ensure that your office remains secure and that your clients receive prompt assistance when needed. This accessibility can be a selling point when discussing security with clients, as you can offer reliable contacts for their security needs.

Moreover, if you ever face a lock-related emergency in your office, having local locksmiths nearby can save you time and stress. Therefore, when selecting a location for your real estate office, consider proximity to local locksmith services as a key factor.

How Public Transportation Availability Impacts Your Office Choice

Public transportation availability is another important factor to consider when choosing your real estate office location. An office situated near public transportation options, such as bus stops or train stations, can make it easier for clients and employees to access your office. This accessibility can attract clients who may not have their own transportation or who prefer not to drive. A location that is convenient for public transport can also broaden your client base, allowing you to reach more people who need your services.

Furthermore, a well-connected office location can be more appealing to potential employees. Real estate agents and support staff often prefer locations that are easy to reach, which can make hiring and retention easier for your business.

Conclusion

Choosing the best location for your real estate office is a critical decision that can significantly impact your business’s success. By understanding the importance of location, considering key factors, ensuring access to local locksmiths, and evaluating public transportation availability, you can make an informed choice that meets your needs.

Remember that the right location can enhance your visibility, attract clients, and create a professional environment for your team. Take the time to research and analyze potential locations to find the perfect spot for your real estate office. With careful consideration, you can position your business for growth and success in the competitive real estate market.

The post How to Choose the Best Location for Your Real Estate Office appeared first on CBC Mortgage Agency.

But before, some interesting fact:

Did you know that over 80% of homebuyers find the process stressful due to the complex paperwork and financial requirements? However, having a pre-qualification letter and staying informed about your credit score can significantly reduce stress and improve your chances of securing your dream home!

Replacing Old Locks

One of the first things to do after purchasing a home is to replace or rekey the locks. You never know how many people have had access to the property before you moved in. Previous homeowners, contractors, or even neighbors could still have keys to your home, which poses a significant security risk. A locksmith can either change the locks entirely or rekey them, which is often a more affordable option.

• Why rekeying matters: When you rekey a lock, the locksmith changes the internal mechanism so that the old keys no longer work. This gives you full control over who has access to your new home.

• Cost-effective solution: Rekeying is usually cheaper than replacing all the locks, making it a budget-friendly security measure.

Installing High-Security Locks

Standard locks may not provide the level of security you need for your home. This is where high-security locks come into play. A residential locksmith can help you choose and install locks that are resistant to picking, bumping, and other break-in techniques.

• Types of high-security locks: These locks often come with additional features like reinforced strike plates and complex keyways that make them much harder to tamper with.

• Peace of mind: Knowing that your home is equipped with the best security measures can give you and your family peace of mind, especially if you’re living in a high-crime area.

Emergency Lockout Services

Getting locked out of your home is not only frustrating but can also be dangerous, especially at night or during bad weather. Having a residential locksmith on speed dial can save you time and stress during such situations. Many locksmiths offer 24/7 emergency services, so you’re never left stranded.

• Quick response: A professional locksmith can get you back into your home quickly and without causing damage to your locks or doors.

• Avoiding DIY mistakes: Trying to unlock the door yourself can often result in damage, which can lead to expensive repairs. It’s better to let a professional handle it.

Upgrading Home Security Systems

With the rise of smart home technology, many homebuyers are looking for ways to integrate security systems with their everyday devices. A residential locksmith can help you install smart locks, doorbell cameras, and other security systems that enhance the safety of your home.

• Smart locks: These allow you to control access to your home remotely, using your smartphone. You can lock or unlock doors, check who’s entering, and even create temporary keys for guests.

• Security assessments: Locksmiths can also provide a thorough assessment of your home’s current security measures and recommend upgrades where necessary.

Securing Windows and Garages

When thinking about home security, people often focus on doors but overlook windows and garages, which are also common entry points for intruders. A locksmith can secure these areas with specialized locks and additional reinforcement.

• Window locks: Installing window locks can prevent unauthorized entry through ground-level or accessible windows.

• Garage security: Many garages have weak points that can be exploited by burglars. A locksmith can install stronger locks or even smart systems to secure your garage.

Interesting Fact

Did you know that many insurance companies offer discounts if your home is equipped with enhanced security measures? Installing high-security locks and smart security systems and securing windows and garages can lower your home insurance premiums. This is another reason why hiring a residential locksmith is a smart investment.

Conclusion

Hiring a residential locksmith is an essential step for any new homeowner. From rekeying locks to installing high-security systems, locksmiths provide a range of services that can significantly enhance the safety and security of your home. It’s easy to overlook security during the excitement of buying a new property, but taking these measures can save you from stress and potential harm down the road. Always make sure you have the contact information for a reliable locksmith handy—you never know when you might need their services. Investing in home security is an investment in your family’s safety and your peace of mind.

The post Top Reasons Why Homebuyers Need a Residential Locksmith appeared first on CBC Mortgage Agency.

1. Curb Appeal: First Impressions Matter

The first thing potential buyers see is the exterior of your property, which is known as curb appeal. Making a good first impression is crucial, as it sets the tone for the entire viewing. Here are some ways to enhance your property’s curb appeal:

• Landscaping: Maintain your lawn, trim bushes, and plant colorful flowers. A well-kept yard makes your home look inviting and cared for.

• Fresh Paint: A fresh coat of paint on the front door or window frames can make a big difference. Choose welcoming colors that complement the style of your home.

• Cleanliness: Ensure walkways and driveways are clean and free of debris. A tidy exterior reflects a well-maintained property.

Interesting Fact

Did you know that nearly 80% of home buyers start their search online? Understanding the trends and preferences of today’s buyers can help you uncover hidden prospects and connect with them effectively. Discover how digging deeper into buyer behavior can transform your home selling strategy!

2. Modern Amenities: Convenience is Key

Buyers love homes that offer modern amenities. These features can make daily living easier and more enjoyable. Consider highlighting the following amenities:

• Updated Kitchen: A modern kitchen with stainless steel appliances and plenty of storage can be a major selling point. Buyers often envision themselves cooking and entertaining in a stylish space.

• Smart Home Features: Adding smart home devices like thermostats, security systems, or lighting can appeal to tech-savvy buyers. These features enhance convenience and energy efficiency.

• Energy Efficiency: Homes with energy-efficient appliances and windows can attract buyers looking to save on utility bills. Highlight these features in your listing to showcase potential savings.

3. History Without Break-Ins: Security Matters

A property with a good security history is attractive to buyers. If your home has never experienced a break-in or security issue, make sure to mention it. This peace of mind can be a significant selling point. Having the contact information of a reliable 24/7 locksmith service nearby can also reassure buyers about the safety of their potential new home. Here are some reasons why security matters:

• Safe Neighborhood: Highlight your neighborhood’s reputation for safety. If there are community watch programs or active neighborhood associations, mention these in your listing.

• Secure Locks and Systems: Ensure that your property has high-quality locks and security systems. You can mention that these systems have never been compromised, providing an added layer of comfort for buyers.

• Easy Access to Security Services: Buyers will appreciate knowing they can quickly reach a locksmith for any future needs. Having a local locksmith’s contact information can make them feel more secure in their investment.

4. Location: The Right Spot

The location of your property can greatly influence buyer interest. Here are some factors that make a location desirable:

• Proximity to Amenities: Being close to schools, parks, shopping centers, and public transportation is attractive to buyers. Make sure to highlight the benefits of your property’s location in your listing.

• Community and Lifestyle: Buyers often look for communities that fit their lifestyle. Whether it’s a vibrant urban area or a quiet suburban neighborhood, showcase what makes your location special.

• Future Developments: If there are any planned developments in the area that could increase property values, mention them. Buyers often look for potential growth in their investments.

5. Space and Layout: Room to Grow

Buyers appreciate properties with ample space and a practical layout. When showcasing your property, emphasize the following aspects:

• Open Floor Plan: An open layout can make spaces feel larger and more inviting. If your home has a connected living, dining, and kitchen area, be sure to highlight this in your marketing.

• Storage Solutions: Ample storage space, like closets and built-in shelves, is appealing to buyers. Make sure these areas are organized and decluttered to show their full potential.

• Outdoor Space: A backyard, patio, or balcony can be attractive features for buyers, especially families. Emphasize how these spaces can be used for entertaining, gardening, or relaxing.

Conclusion

Making your property attractive to buyers is about highlighting its best features. From curb appeal to modern amenities, there are several reasons why buyers will love your home. Emphasizing security and location can further enhance its appeal. Just like having a reliable locksmith service nearby ensures your safety and comfort, showcasing your property’s strengths can give buyers confidence in their decision. By focusing on these five key areas, you can create a welcoming atmosphere that potential buyers will find hard to resist. Remember, a little effort can go a long way in making your property stand out in the market!

The post 5 Reasons Why Buyers Will Love Your Property appeared first on CBC Mortgage Agency.

There’s a crisis upon us, and the economic repercussions are only beginning to be understood. What we do know is that COVID-19 is causing a severe shock and loss of income, in particular to the new homeowners we’ve striven so hard to help. 

We also know that today’s troubling environment is very fluid, and that things could change in an instant. Currently, there is talk about a potential government-backed payment holiday for those who lose their job or income as a result of the pandemic. But details are short at the moment. 

What can be done in the meantime? For us, the answer is simple—helping borrowers who bought their homes using down payment assistance (DPA) keep their homes during this crisis and beyond.

At CBC Mortgage Agency (CBCMA), we believe that everyone in our country should have access to affordable housing. That’s why we help credit-worthy low- and moderate-income individuals buy homes through the Chenoa Fund DPA program, which helps borrowers clear the down payment hurdles that keep many from realizing their homeownership dreams. But this is only one part of our mission. We’re also committed to helping borrowers stay in their homes, especially during unique circumstances like the ones they face today. 

For example, many of our borrowers receive a second mortgage that is forgivable. But as a condition of that forgiveness, a borrower needs to maintain timely payments on the first mortgage during the first three years of the loan. Since the pandemic, questions have poured in from borrowers who are concerned about the status of their loan forgiveness, should they lose their jobs in the current economic environment. 

In response, we announced that any borrowers affected by the economic fallout from the coronavirus will not lose the forgivable feature of their down payment assistance loan. In addition, we are also staying in touch with borrowers and educating them after their loans close by utilizing a 12-month post-purchase support program that is unique in our industry. 

In 2017, we partnered with Money Management International, a HUD-approved, nonprofit credit counseling organization. Money Management International helps our borrowers transition from renting into homeownership and advises them during times of difficulty, like many are facing today. This is accomplished through regularly scheduled phone calls with our borrowers in addition to emails and texts. 

So, what are we telling our borrowers? As the barrage of constant coronavirus news coverage unfolds, we advise people not to overreact. Being stressed about the virus and its impacts, including the effect on income, is a natural response. We counsel against panicking and acting irrationally, which could worsen the impact on the borrower’s family. 

Secondly, we counsel borrowers to reduce the impact of the pandemic by cutting their expenses. This includes not overbuying supplies and not making future travel and event plans that include non-refundable fees. We are also encouraging borrowers to reach out to their creditors if their income is being disrupted by the pandemic.

Lastly, borrowers are encouraged to stay current on their mortgages if possible. If a borrower is facing economic disruption, we counsel them by reviewing their budget and finding ways for them to prioritize their spending. 

CBCMA is committed to keeping borrowers in their homes during this time of difficulty. We expect to continue getting calls from borrowers asking us for help in dealing with their challenges, and we will continue stepping up to provide assistance. Doing so is just as important as helping borrowers overcome down payment barriers so they can afford the dream of homeownership—which is a dream worth protecting, especially today. 

Read our letter being sent to CBCMA customers by clicking here.

Richard Ferguson is president of CBC Mortgage Agency, a nationally chartered housing finance agency and a leading source of down payment assistance that helps low-income consumers, often in minority neighborhoods, achieve the dream of homeownership. He can be reached at richard.ferguson@chenoafund.org.

The post CBCMA Supports Down Payment Assistance During COVID-19 appeared first on CBC Mortgage Agency.

The Cedar Band of Paiutes today applauded the National Congress of American Indians’ (NCAI) resolution responding to the Department of Housing and Urban Development’s (HUD) issuance of Mortgagee Letter 19-06 on April 18, 2019. The HUD Mortgagee Letter attempted to assert that “tribes are acting in their governmental capacity only on their reservations or when working with enrolled members.” HUD’s Mortgagee Letter was eventually withdrawn in response to successful litigation brought by the Cedar Band of Paiutes.

The resolution, titled “HUD Consultation Before Proceeding with Rule Making Relating to Tribal Down Payment Assistance Programs,” was adopted by the NCAI General Assembly at its 2019 Annual Session in Albuquerque, New Mexico. In its resolution, NCAI called on HUD to engage in meaningful consultation with tribal nations before commencing rulemaking, and to refrain from discrimination against tribal nations or any actions that are deleterious to tribal sovereignty. NCAI’s official position further underscores how HUD’s actions had a substantial direct effect on all tribal nations—including the Cedar Band of Paiutes—and sought to limit the ability of a tribe to operate in a governmental capacity.

The Cedar Band of Paiutes wholly owns and operates Cedar Band Corporation and CBC Mortgage Agency (CBCMA), which provides secondary financing to homebuyers receiving loans from the Federal Housing Authority. The Band relies on the revenues derived from CBCMA and other Band enterprises to sustain the Band’s essential government functions.

“HUD’s actions were a direct violation of the agency’s own Government-to-Government Tribal Consultation Policy,” said Delice Tom, chairwoman of the Cedar Band of Paiutes. “HUD’s unilateral actions would have had a ruinous impact on our Band and negatively impacted the hundreds of other tribal nations around the country seeking innovative and sustainable ways to support their communities.”

The Cedar Band of Paiutes also highlighted that the recently passed U.S. House of Representatives T-HUD appropriations bill, included language strengthening the process for federal agencies to consult with tribal nations.

While HUD has indicated that it intends to proceed with rulemaking, Chairwoman Tom further highlighted the importance of appropriate consultation in the nascent stages of the process. “We fully expect HUD to engage in a meaningful and collaborative process with the Cedar Band, as well as other Indian Nations and National Tribal organizations before drafting a rule affecting tribal nations, consistent with HUD’s own Tribal Consultation policy.”

About CBC Mortgage Agency
CBCMA provides secondary financing to borrowers, who are receiving loans insured by the Federal Housing Administration (FHA). CBCMA takes great care to ensure that the FHA loans perform well, including providing education as well as 12 months of counseling to borrowers after the purchase of their home. In addition, CBCMA regularly reviews its credit standards to ensure that the borrowers it assists are credit worthy.

CBCMA is a wholly owned subsidiary of Cedar Band Corporation, a federally chartered tribal corporation wholly owned by the Cedar Band of Paiutes, a federally recognized American Indian band. For more information about CBCMA and its programs, visit chenoafund.org.

The post Cedar Band of Paiutes Praises New NCAI Resolution appeared first on CBC Mortgage Agency.