To all the Veterans that served our great nation, we HONOR you and thank you for your service and dedication.
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Dire prediction for jumbos Without federal help, default rate set to soar By Steve Bergsman, Friday, November 6, 2009. Inman News In springtime, when all things hopeful and botanical bloom, there was a widespread sprouting of press announcements, particularly from the major banks, about increased dollars allocated to the business of jumbo loans. Alas, the [...] Published: Oct. 29, 2009 By Steve Cook Real Estate Economy Watch Senate Majority Leader Harry Reid (D-NV) and Chairman of the Senate Finance Committee Max Baucus (D-MT), engineered the deal to include move-up buyers in the homebuyer tax credit. A deal struck among key senators last night to extend the homebuyer tax credit will [...] Senators agree to extend homebuyer tax credit By STEPHEN OHLEMACHER Associated Press Writer Senators agreed Wednesday to extend a popular tax credit for first-time homebuyers and to offer a reduced credit to some repeat buyers. The tax credit provides up to $8,000 to first-time homebuyers but is set to expire at the end of November. [...] CIT files for Chapter 11 bankruptcy protection CIT Group seeks prepackaged reorganization in New York bankruptcy court, By Stephen Manning, AP Business Writer On 9:28 pm EST, Sunday November 1, 2009 Companies: Cit Group, Inc. WASHINGTON (AP) — After struggling for months to avert bankruptcy, lender CIT Group has filed for Chapter 11 protection [...] Contact a Texas Mortgage Company so that you can take advantage of the First Time Home Buyer Tax Credit of $8,000. —- By Adam Van Brimmer, RIS Media RISMEDIA, November 2, 2009—(MCT)—Local real estate professionals hear a clock ticking, and they’re sure it’s wired to the economy. The federal government’s first-time homebuyer tax credit is [...] Jumbo mortgage tax break? By Kay Bell • Bankrate.com Monday, Oct. 19 Here’s an interesting tax juxtaposition. While inflation has been so low that personal exemptions and standard deduction amounts will be basically unchanged in 2010, the IRS has decided that homeowners with million-dollar mortgages can write off a bit more of their interest. In [...] |
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