FHA to Rescue Underwater Homeowners
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HHunter: (March 31, 2010 11:39am)
Renee, we don't know yet if the FHA refi is going to be a good plan in theory or if banks will participate. I think once the mortgagee letter is out, we will know more! Dannoni, as for the tax credit, yes, the 10k is separate from the Federal 8k. And yes, it will be given back over a few years...a bit at a time.
dannoni: (March 30, 2010 9:09pm)
is this new tax credit asside from the current $8k credit? Also, the new $10k tax credit will be paid over a period of several years right?
reneefr: (March 30, 2010 6:12pm)
Great video this week, Heather! Thank you as always for the good information!! So do you know if Bank of America is going to participate in the short refi with FHA yet? I love the German rodeo too, I can't wait to hear Maic's reaction :-)
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