Housing And Economic Recovery Act Of 2008

Housing Assistance Tax Act of 2008 Tax Benefits for Borrowers.

Image by TheTruthAbout… via Flickr Many homeowners are trying to refinance mortgages that offered low teaser rates but whose rates have now skyrocketed. The new law authorizes states to issue $11 billion more in mortgage revenue bonds for 2008 and allows qualifying subprime borrowers to use their state’s mortgage revenue bond program to refinance into a loan with a more favorable...

November 15th, 2008 by The Tax Man

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Housing Assistance Tax Act of 2008 Tax Benefits for Borrowers.

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