Tag Archives: senate majority leader harry reid

Extending The Tax Credit To Buy A Home

Both Republican and Democratic senators want to continue a government subsidy to encourage new home buying. It looks like senators will vote to extend the credit until April of next year. Home prices and sales have stabilized after a two … Continue reading

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Reforming The FHA

Doc Werlin writes: Congress recently enacted legislation to resolve the worst housing crisis since the Great Depression. Reforming the Federal Housing Administration. The Wall Street Journal, in a July 24 article headlined "Housing Bill Will Extend Federal Role in Markets," … Continue reading

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Senate Gets Political With Mortgages

WASHINGTON (Reuters) – The Senate will begin debate on a major housing market rescue bill on Thursday, Senate Majority Leader Harry Reid said on Wednesday, spurning calls for delay by Republicans who cited concerns about a controversy involving two Democrats … Continue reading

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Congress Considers Mortgage Bail-Out

Richard Cowan writes that the mortgage crisis is a big political story. Certain states are particularly hard hit and many of these states will be important in the coming election. What to do? Throw money at the problem. That’s the … Continue reading

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