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President Bush Signs Comprehensive President Bush recently signed into law a comprehensive housing bill that aims to improve the struggling housing market and strengthen mortgage finance giants Fannie Mae and Freddie Mac. This legislation contains a number of victories for American homeowners including GSE reform, FHA reform, permanent loan limit increases, and a $7,500 homeowner tax credit. This bill will help homeowners facing foreclosure find ways to refinance, and will help strengthen mortgage markets. |
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