[pnh102]

I hate this program. My taxes are continuing to help people who cannot afford housing to “buy” houses and meanwhile I couldn’t get a refinance loan if my life depended on it.

[Kansas58]

Try buying a house after a divorce.

The fools at the IRS look at mortgage payments to determine “ownership” even though the law clearly states that the $8K tax credit is available to anyone who has not owned a PRINCIPAL RESIDENCE for 3 years!

What if the Ex could not refinance, and get you off of the mortgage? Mortgage payments are EVIDENCE, but not positive proof of ownership.

Many, many people who have legally applied for this credit are getting the run around by the IRS!

[Average Al]

"The Obama Administration is committed to delivering a comprehensive reform proposal that protects taxpayers, institutes tough oversight, restores the long-term health of our housing market, and strengthens our nation’s economic recovery.”

The only way for them to do that would be to resign!

[freeangel]

“the administration itself seems to be mounting a defense”

Good. Keep the fire to obamaloser’s feet. Maybe he’ll finally throw Dodd and Frank under the bus for causing the whole thing in the first place.

[SonOfDarkSkies]

Just like the economy in general, Obama has killed the housing market.

Earlier this week I did a quick and dirty analysis to calculate the number of sales in the Atlanta market (Atlanta proper is a good indicator of the entire metro area).

There was an average month to month unit sales volume decline in 2010 over 2009 (which was itself a bad year) of 16%.

[aeonspromise]

Duh, give me yours and your childrens money and I’ll make the world good and whole and whatever else you want to hear.. Go suck a rotted egg wuus

[upchuck]

And, from what I read, they are still writing mortgages for people that can't afford it.

I sometimes think Dodd and Frank have done more lasting damage to this country than nobama and all his thugs.