Blog Topic

The Housing and Economic Recovery Act of 2008

Hope for Homeowners Plan Update
Posted by: Marlyn Wiener
October 31, 2008

Property owners whose properties are upside down or who are struggling to make their mortgage payments have been anxiously awaiting the implementation of the Hope for Homeowners (H4H) program created under the Housing and Economic Recovery Act of 2008.

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NEW HOUSING BILL - REFINANCE HELP FOR SOME, BUT NOT FOR ALL
Posted by: Marlyn Wiener
August 06, 2008

On July 30, 2008, President Bush signed into law a far reaching housing bill that attempts to address the country's housing and mortgage crisis. The law does not go into effect until October 1, 2008 and it may potentially take several more months for the new loan programs that are authorized to be available to homeowners. Will the housing bill truly help homeowners in financial distress save their homes or is this just another band-aid approach to this worsening crisis?

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