• Welcome to AppraisersForum.com, the premier online  community for the discussion of real estate appraisal. Register a free account to be able to post and unlock additional forums and features.

Senate advances housing bill by veto-proof margin

Status
Not open for further replies.

moh malekpour

Elite Member
Joined
May 25, 2002
Professional Status
Certified Residential Appraiser
State
California
http://thehill.com/leading-the-news...ing-bill-by-veto-proof-margin-2008-06-24.html
The Senate voted overwhelmingly to end debate on a major housing-rescue package Tuesday, signaling there is enough support to override a veto.
With polls showing voters increasingly concerned about the mortgage and foreclosure crisis, the Senate responded by setting up a final vote that would authorize a $300 billion expansion of the Federal Housing Administration's insurance program for struggling homeowners. The measure also includes almost $4 billion for grants for states to take over foreclosed properties, a provision strongly opposed by the White House
 

Randolph Kinney

Elite Member
Joined
Apr 7, 2005
Professional Status
Retired Appraiser
State
North Carolina
That's about $1,000 per person population buy off for the election.
 

tjcou812

Junior Member
Joined
Aug 17, 2007
Professional Status
Certified Residential Appraiser
State
Connecticut
There are some good points and bad points about this bill. I just hope that it will help out the people that really need it and re-jump start this housing market. If it happens I also hope business will pick up for us appraisers because its been really slow for the past couple of years.
 

Austin

Elite Member
Joined
Jan 16, 2002
Professional Status
Certified General Appraiser
State
Virginia
That's about $1,000 per person population buy off for the election.

This amounts to buying CA votes in the presidential election. If you read the comments in the news this was specifically aimed at CA's little problem. :new_all_coholic:
 

Randolph Kinney

Elite Member
Joined
Apr 7, 2005
Professional Status
Retired Appraiser
State
North Carolina
This amounts to buying CA votes in the presidential election. If you read the comments in the news this was specifically aimed at CA's little problem. :new_all_coholic:
Too late. The median value has fallen below $417,000. But ... anything to curry favor with the voters and get reelected to your phony-baloney job.
 
Status
Not open for further replies.
Find a Real Estate Appraiser - Enter Zip Code

Copyright © 2000-, AppraisersForum.com, All Rights Reserved
AppraisersForum.com is proudly hosted by the folks at
AppraiserSites.com
Top

AdBlock Detected

We get it, advertisements are annoying!

Sure, ad-blocking software does a great job at blocking ads, but it also blocks useful features of our website. For the best site experience please disable your AdBlocker.

I've Disabled AdBlock
No Thanks