House for political or fiscally smart reasons is advancing to end programs that haven't produced a bang for the buck

From DS News



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> Committee Advances Bills to End Two More
Foreclosure Aid Programs


The House Financial Services Committee voted Wednesday to send two bills to
the full House that would terminate the Home Affordable Modification Program
(HAMP) and HUD's Neighborhood Stabilization Program. The committee says the
bills would prevent $30 billion in taxpayer funds from being spent on
"ineffective" programs. Already, the House has cleared the way to begin
deliberations this week on the two bills advanced by the committee last
Thursday to end FHA's Short Refi Program and the Emergency Mortgage Relief
Program.
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> > Read More

-sunil


SUNIL SETHI REAL ESTATE

Sunil Sethi / Broker, President, REALTOR, MBA, CPA (inactive)
38750 Paseo Padre Pkwy Suite B3 / Fremont, CA 94536
<http://www.sunilsethi.com/> www.sunilsethi.com

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