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Senate Votes to Increase FHA Program

By Attorney/Best-Selling Author William Bronchick
December 14, 2007
The Senate voted overwhelmingly today to expand FHA's program to help refi people who are defaulting on ARM loans.  The program will increase the limits of FHA financing for higher priced areas.  The bad news is you have to be in default to qualify.  Seems a little unfair that taxpayers have to bail out everyone else, doesn't it?  http://news.yahoo.com/s/ap/20071214/ap_on_go_co/congress_mortgage_crisis

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William Bronchick, ESQ.

Nationally-Known Attorney, Author, and Speaker

Attorney William ("Bill") Bronchick, the host of Legalwiz.com, has authored six best-selling books and is sought nationwide for his 30+ years of real estate and legal knowledge. He has been interviewed by numerous media outlets, such as CNBC, TIME Magazine, USA Today, Investor Business Daily, Forbes, and the LA Times, to name a few. William Bronchick is the co-founder and past President of the Colorado Association of Real Estate Investors and the President of the Colorado Landlords Association. Click on the "About" link above for more information on William Bronchick.

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