January 16, 2012 At the conclusion of 2011, Congress passed and forwarded to the President for his signature the “Temporary Payroll Tax Cut Continuation Act of 2011”. The primary purpose of this legislation was to extend temporarily: (1) payroll tax relief, (2) unemployment compensation provisions, and (3) healthcare provisions. The estimated costs of the temporary [...]
Posts Tagged ‘Housing’
Federal Reserve Releases Housing White Paper
May 9th, 2012
admin January 16, 2012: On January 4, 2012, The Federal Reserve released a white paper, entitled “The U.S. Housing Market: Current Conditions and Policy Considerations.” In the paper, the Fed said that continued weakness in the housing market poses barriers to a more vigorous economic recovery. The paper supports many principles established by NAR to help [...]
Federal Reserve Releases Housing White Paper
May 9th, 2012
admin January 16, 2012: On January 4, 2012, The Federal Reserve released a white paper, entitled “The U.S. Housing Market: Current Conditions and Policy Considerations.” In the paper, the Fed said that continued weakness in the housing market poses barriers to a more vigorous economic recovery. The paper supports many principles established by NAR to help [...]
Obama Administration Unveils Plan to “Heal the Housing Market”
May 8th, 2012
admin February 2, 2012 On February 1 President Obama, speaking to a crowd in Falls Church, Virginia, detailed his plan to “help responsible homeowners and heal the housing market.” The plan calls for streamlined refinancing for potentially millions of borrowers with loans backed by Fannie Mae and Freddie Mac, while also creating a new FHA mortgage [...]
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