Stimulus Incentives, Coupled with Other Initiatives, Could Reinvigorate Housing, Mortgage Markets, Analysts Say
February 19, 2009
The major mortgage issue addressed in the $787 billion economic stimulus package signed into law by President Obama this week is the restoration of last year’s maximum conforming loan limits – and authority for the Department of Housing and Urban Development to make local adjustments as it sees fit. But the final version of H.R. 1, the American Recovery and Reinvestment Act of...