This is certainly an interesting time that we live in. With all the turmoils that we've seen in the mortgage industry, the housing market, and the rollercoaster rides in the equity market, everyone is looking at the Federal government to see what it's going to do. Well, there is a new housing bill that was passed by the House and is going to the Senate in the next few days. It is expected that the Senate will pass the bill, and President Bush seems to be willing to sign off on it as well.
This bill addresses issues and concerns for many people. Check out the link below with details of the proposals in the bill and you might find some nuggets:
http://www.nytimes.com/2008/07/25/business/25money.html?_r=2&partner=rssuserland&emc=rss&pagewanted=all&oref=slogin&oref=slogin
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