President Obama signs $780 Billion Stimulus Bill

Included in the bill are provisions to aid in the initial recovery of the housing market including Homebuyer Tax Credit, FHA, Fannie Mae, and Freddie Mac Loan Limits, Neighborhood Stabilization, and more. We should see additional measures taken to assist in the real estate recovery process, as Congress and the President have disclosed that a finance and housing package will be the next “big” initiative. Read More...