The Housing Bill has passed in the Senate with some Republicans grousing that it is an unfair bailout at the taxpayer’s expense. Some highlights: Increase the Federal Housing Administration’s role. Establish a stronger regulator for the GSEs. Permanently increase “conforming loan” limits. Create home-buyer credit. Bar down-payment assistance for FHA loans. Create an affordable housing [...]
Archive for July 27th, 2008
Thoughts on the Housing Bill
Posted in government, tagged FHA, freddie mac, housing bill. fannie mae on July 27, 2008 | Leave a Comment »
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