Tag: 2008 housing bill
2008 Housing Bill= Market Netural
I’ve described the 2008 Housing Bill to many associates and colleagues as “market neutral”. Although the politicians in Washington have touted themselves as real estate market heroes with the passage of the new law the bottom line is that many of the provisions in the bill won’t do much to spur a recovery anytime soon. [...]
Posted: August 12th, 2008 under Housing & Financial Legislation, Housing & Real Estate.
Tags: 2008 housing bill
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Reverse Mortgages and the 2008 Housing Bill
As I’ve written about multiple times in this blog the 700-page 2008 housing bill has many differnet provisions embedded in the law. Although I don’t do a lot of reverse mortgage business I wanted to at least provide a link to an article which summarizes how these loan products were impacted by the 2008 housing [...]
Posted: August 10th, 2008 under General Mortgage Info., Mortgage Programs, Refinancing, Reverse Mortgages.
Tags: 2008 housing bill, Reverse Mortgage
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Summary of the housing bill expected to be signed into law…..
On Saturday the Senate passed the Housing Bill. This 700-page law brings a variety of new rules and provisions that will impact the housing industry in a variety of ways. The President is expected to sign the bill into law early this week. Here are some summary points that any real estate professional should be [...]
Posted: July 23rd, 2008 under General Mortgage Info., Housing & Financial Legislation, Housing & Real Estate.
Tags: 2008 housing bill, Elimination of downpayment assistance, Fannie Mae, Freddie Mac, New Housing Bill, new housing law
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