Revised Oct 25, 2009
The current Washington DC Administration last reported news was August, 2009, concerning Bill 2010 tax credit extention.
A vote did not come last week in WA HR. The vote this week was postponed to tighten the loopholes for agencies. See the link at the bottom of the article.
My Father said, “Beginning is one-half done, but finishing is better.”
Selling homes last summer was the hot season for real estate. Let’s pass the bill extention of the tax credit through the cool winter months to keep the property sales going to first-time home buyers.
The Nat. Association of Realtors quoted 300,000 homes sold to first-time buyers. That is a small count considering the number of people in America.
The President, the Congress and the House of Representatives can pass Bill 2801 for an American
Christmas Present and a Prosperous New Year ending 2009 for the 2010 home-buying season.
The current $8,000 Tax Rebate is given through the IRS. The IRS link below is the Q &A , revised on Sept 29, 2009.,
HR Bill 2801 was postponed on a vote last Tuesday to tighten the loopholes on Rating Agencies until next week. Read the full report on the link below. http://www.mcclatchydc.com/227/story/77481.html
Moody’s stories from Mcclatchydc on selling ratings:
Moody’s response http://www.mcclatchydc.com/homepage/story/77312.html
Better Watch dogs for RE needed http://www.mcclatchydc.com/329/story/76829.html
SEC reviews trading systems http://www.mcclatchydc.com/homepage/story/77542.html
HR Panel to reform finaces 10/14/2009 http://www.mcclatchydc.com/329/story/77178.html