fha: Relief is on the Way ---- We Think, House Passes Stand Alone Bill To Extend Closing Deadline for Home-buyers!
- 06/29/10 11:33 AM
Today the US House of Representatives passed legislation that would extend the closing deadline for the Home-buyersTax Credit. The Senate has already passed a similar measure and this is the second time this year for the house to do so. If the US Senate can pass a conference bill the credit will be available to Closing Home buyersall the way through September, 2010. (The deadlinie to qualify for the credit of April 30th, 2010 will not be extended, this bill is for closing those transactions only) Estimates are as high as 180,000 for loan applications backlogged in a system that became … (0 comments)
fha: NEWS FLASH, Stimulus bill restores Fannie, Freddie, FHA limits
- 02/15/09 07:08 AM
NEWS FLASH, Stimulus bill restores Fannie, Freddie, FHA limits John Tuggle 15. February 2009 Stimulus bill restores Fannie, Freddie, FHA limits Congress today voted on a $790 billion economic stimulus bill that includes a modest expansion of a first-time homebuyer tax credit and restores to $729,750 the upper loan limit in high-cost areas for Fannie Mae, Freddie Mac and FHA loan guarantee programs. For more info please go to www.johntuggle.edicypages.com … (2 comments)
Today the US House of Representatives passed legislation that would extend the closing deadline for the Home-buyersTax Credit. The Senate has already passed a similar measure and this is the second time this year for the house to do so. If the US Senate can pass a conference bill the credit will be available to Closing Home buyersall the way through September, 2010. (The deadlinie to qualify for the credit of April 30th, 2010 will not be extended, this bill is for closing those transactions only)
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