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Climate Change Bill Worsens Mortgage Crisis
The DC Writeup ^ | July 10, 2009 | Brett Banker

Posted on 07/10/2009 7:08:11 PM PDT by The D.C. Writeup

...Section 286 proposes “additional credit for Fannie Mae and Freddie Mac housing goals for energy efficient and location efficient mortgages.” In effect, this section plans to give a more than 125 percent credit for government-backed mortgages to people with homes that comply with energy-efficiency regulations...

(Excerpt) Read more at thedcwriteup.com ...


TOPICS: Government; News/Current Events
KEYWORDS: capandtrade; fanniemae; mortgage

1 posted on 07/10/2009 7:08:12 PM PDT by The D.C. Writeup
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To: The D.C. Writeup; rdl6989; Little Bill; IrishCatholic; Normandy; According2RecentPollsAirIsGood; ...
 


Beam me to Planet Gore !

2 posted on 07/10/2009 7:09:36 PM PDT by steelyourfaith ("The problem with socialism is that you eventually run out of other people's money" - Lady Thatcher)
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