home buyer tax credits: Senator Merkley of Oregon Proposes Bringing back First Time Homebuyer Tax Credits and More
- 02/01/11 03:50 AM
Sen. Jeff Merkley has written a letter to President Obama proposing to bring back the First Time Home-buyer's tax credit, along with focusing on a renewed effort in the Home Affordable Modification Program. The home buyers tax credit was very successful in 2010. Sen. Merkley would like to make this tax credit permanent for first time home-buyers. His plan also focuses on families that are currently facing foreclosure. He supports a "short refinance" that would assist families facing foreclosure to help reduce interest rates. He would like to require servicers have a single point of access when they seek a loan modification. He … (1 comments)
Sen. Jeff Merkley has written a letter to President Obama proposing to bring back the First Time Home-buyer's tax credit, along with focusing on a renewed effort in the Home Affordable Modification Program. 
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