From the Blog
- February 8, 2012
On February 7, the Senate Finance Committee approved legislation that would expand the small issuers’ ability to sell bank-qualified bonds from $10 million to $30 million for bonds issued after the date of enactment and before January 1, 2013. The Committee-passed bill is likely to be combined with a larger transportation bill during Senate consideration soon. - February 8, 2012
On Tuesday, February 7, the House Financial Services Committee’s Subcommittee on Insurance, Housing, and Community Opportunity marked up a draft bill designed to help ensure the fiscal solvency of the Federal Housing Administration’s (FHA) single-family mortgage insurance program. - February 6, 2012
For struggling homeowners, the prospect of foreclosure can be overwhelming and frightening. The Administration has made a range of programs available to help homeowners prevent avoidable foreclosures. In 2010, President Obama launched the Hardest Hit Fund to provide targeted aid to families in states hit hard by the economic and housing market downturn. These areas represent those that have been hardest hit by unemployment and steep home price declines.
