About Government Refinance and Home Purchase Programs

Information and Updates on Government Mortgage Programs
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It looks like the housing bill is moving ahead as planned and cold be signed into law in just a matter of weeks. We get this quote from a recent article over at TheHill.com:

House Financial Services Committee Chairman Barney Frank (D-Mass.) on Tuesday announced a deal on a housing rescue package that he predicted the president would sign, despite the inclusion of $4 billion in block grants that the White House has called a deal-breaker.

After days of negotiations with administration officials and Senate Banking Committee Chairman Chris Dodd (D-Conn.), Frank sent the legislation to the Rules Committee, paving the way for a Wednesday vote on the bill.

“No one agrees with everything in the bill, but I don’t think that there’s anything in this bill that makes the people who are for most of it gag,” Frank told reporters

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