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Loan Modification
: Mortgage Lender Implode-o-MeterMBA Backs Proposal for $15,000 Homebuyer Credit Across the Board
By Implode-Explode Heavy Industries
"The current $8,000 credit for first-time buyers has had a positive effect on the housing market this year. Increasing the amount and expanding the benefit to include all homebuyers will have an even larger impact in spurring the housing market and stabilizing the economy."
Yes, you read that right: "expanding the benefit to include all homebuyers." And, as recently approved for FHA loans, they want the money to be made available at closing.
Full post as published by Mortgage Lender Implode-o-Meter on June 15, 2009 (boomark / email).
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