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News of the 07/30/2008

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Provisions of housing-mortgage relief bill

  
Provisions of the housing bill that President Bush signed into law Wednesday: --Gives the Federal Housing Administration $300 billion in new lending authority and relaxes standards to provide affordable, fixed-rate mortgages to an estimated 400,000 debt-ridden homeowners. Any losses will be covered by an affordable housing fund financed by Fannie Mae and Freddie Mac , the government-sponsored companies that finance ...
    From Boston Globe | Add a commentary | Report abuse
 

Provisions of housing-mortgage relief bill

  
How the housing bill signed into law Wednesday by President Bush affects homeowners: All homeowners who do not itemize their income taxes can deduct between $500 and $1,000 from their 2008 federal taxes. Anyone buying a first home between April 9, 2008, and July 1, 2009, will receive up to $7,500 in federal income tax credits. The bill includes an ...
    From Boston Globe | Add a commentary | Report abuse
 

Bush signs bill to triple AIDS funding

  
President Bush signed legislation Wednesday that triples U.S. funding to fight AIDS, malaria and tuberculosis around the world.
    From Boston Globe | Add a commentary | Report abuse
 

Bush signs housing rescue plan into law

  
WASHINGTON (Reuters) - As home foreclosures rise and property values slump, U.S. President George W. Bush on Wednesday signed into law a rescue package that includes emergency backstops for mortgage financing companies Fannie Mae and Freddie Mac.
    From Reuters | Add a commentary | Report abuse
 

Bush to Congress: lift drilling ban

  
Jul. 30 - President George W. Bush again called on Congress to pass legislation that would give energy companies access to billions of barrels of oil in U.S. waters where energy exploration is now banned.
    From Reuters | Add a commentary | Report abuse
 

Bush Signs Housing Bill Aimed at Keeping More Americans in Their Homes

  
The bill is intended to help struggling homeowners and shore up Fannie, Freddie.
    From ABC News | Add a commentary | Report abuse
 

    
    
    





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