Saturday, January 10, 2009

Frank TARP Reform Bill Includes Several Housing Provisions.

House Financial Services Committee Chair Barney Frank released a version of a TARP reform bill that would guide use of the remaining $350 Billion that requires Congressional approval.

The Thomas page for the bill text (H.R. 384) is HERE. (I'd suggest bookmarking so you can track as bill makes it way through Congress).

The page HERE is a shorter summary of the various Titles of the bill.

Title II (Foreclosure Relief) , Title V (HOPE for Homeowners revisions) and Title VI (Home buyer Stimulus) contain the housing provisions. I have copied and pasted provisions from the summary into a PDF file HERE.

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