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U.S. House considers bill to stem foreclosures, stabilize housing

The TARP Reform and Accountability Act (H.R. 384) would require the Treasury Department to develop a program, outside the Troubled Asset Relief Program, to stimulate demand for home purchases and lower property inventories, by making affordable mortgages available for qualified buyers through interest rate buy-downs, a REALTOR® priority. Listen to NAR President Charles McMillan's podcast on the bill.
Published Wednesday, January 14, 2009 3:05 PM by KRAIN - Residential and Commercial Real Estate

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