foreclosure fix: Senate makes headway on housing fix
- 04/07/08 03:49 AM
Senate makes headway on housing fix I know, I know.. another boring post about politics! I am sorry, this stuff intrigues me: Last Thursday the Senate began debate on a $15 billion bipartisan housing relief package. Democrat and Republican lawmakers have been facing "election year pressure" to respond to the foreclosure crisis. The package could get a final vote this week. There is a need for haste as housing experts agree the bill must be signed into law by July to prevent a substantial number of foreclosures in 2008. 1.5 Million subprime ARMs will reset this year with May and July being the peak … (1 comments)
Senate makes headway on housing fix;)
;)
