ARCHIVED BLOG POSTS
2010
5
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In a 409-5 vote, House lawmakers have passed a standalone bill that would extend for three months Wednesday's deadline for closing on a home purchase in order to claim the federal homebuyer tax credit. The Senate could vote on the bill, HR 5623, as soon as today. Keep your fingers crossed and hop...
06/30/2010
The Unemployment Benefits and Tax Extenders bill failed last night. http://online.wsj.com/article/SB10001424052748704227304575327273014747664.html?mod=WSJ_hpp_LEFTWhatsNewsCollection One provision everyone (in the mortgage business) was watching was the extension of the funding date for Homebu...
06/25/2010
The U.S. Senate voted Wednesday to extend the home buyer tax credit closing deadline to Sept. 30, giving an estimated 180,000 buyers who met the contract deadline of April 30 extra time to close the transaction. This is great news. Please forward this to as many as possible. This will help many f...
06/17/2010
2
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Yesterday, Senate Majority Leader Harry Reid (D-Nev.) along with Sens. Johnny Isakson (R-Ga.) and Chistopher Dodd (D-Conn.), the Senate Banking Committee chairman, introduced legisation to extend until September 30 the closing deadline for households who have had a contract pending since April 30...
06/14/2010
Rainmaker
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Kevin & Cindy Kenagy
Helping people buy and sell their homes.
