About Government Refinance and Home Purchase Programs

Information and Updates on Government Mortgage Programs
Filed under Government Mortgage Financing Programs News

There was an interesting AP article published recently with quick comparisons between McCain and Obama on all sorts of issues. Here is the bit on housing:

McCain: Open to helping homeowners facing foreclosure if they are “legitimate borrowers” and not speculators.

Obama: Tax credit covering 10 percent of annual mortgage-interest payments for “struggling homeowners,” scoring system for consumers to compare mortgages, a fund for mortgage-fraud victims, new penalties for mortgage fraud, aid to state and local governments stung by housing crisis, in $20 billion plan geared to “responsible homeowners.”

Not much meat there but perhaps of some interest to our readers nevertheless.

Comments (0) Posted by G.R.A. Admin on Thursday, August 28th, 2008


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