President signs housing legislation…

 

President Bush, in an effort to shore up the sagging housing market and general economy, signed into legislation today the eagerly awaited Mortgage Relief Bill.  Hopefully this bill along with other measures taken by the Fed will help stem the tide of deterioriating home values here in Anthem.

Steve Wallace of Arizona Mortgage Specialists has graciously provided us with the bullet points of the legislation.

Click here to read Steve’s summary of the bill.

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