Tag Archives: refundable tax credit

Mortgage Bailout Won’t Help Much

Here’s an op/ed from Bloomberg: The huge mortgage and housing-bailout bill signed by President George W. Bush last week won’t immediately halt 8,500 American homes a day from slipping into foreclosure. This leveraged bailout of quasi-government mortgage enterprises and strapped … Continue reading

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Giving Gifts To Mortgage Debtors

From Barrons: President Bush issued his usual proclamation making June National Homeownership Month, dedicated as usual to the extension of homeownership to every American with a pulse or a FICO credit score. Both houses of Congress concurred. More tangibly, the … Continue reading

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