An Influx of Housing Bills Awaits the New President

Origination/Lending

Just days before the inauguration of President-elect Barack Obama, legislators and lawmakers are composing a variety of proposed bills aimed at reforming the face of housing in 2009. The influx of new bills is in its early stages, but it will certainly make for no shortage of work for the 111th Congress and the 44th President of the United States. H.R. 600, a bill sponsored by Al Green, D-Texas that aims to “revise the requirements for seller-financed downpayments for mortgages for single-family... more»