Tuesday, September 30, 2008

Bailout Help

As everyone waits for news of the bailout, and its terms, the subject of help for homeowners is discussed almost as frequently as the other proposed subjects. Until a bill is finally passed, no-one will really know whether there is any new help for homeowners facing foreclosure. The Democrats have tried to get some form of additional aid for homeowners inserted into the bill, but the Republicans have just as adamantly opposed such assistance. While some form of 'bailout' bill is DEFINITELY NECESSARY, it is taking a great deal of work and discussion to get there. This was proven this week as the supposedly agreed upon terms failed to pass in the House by a narrow margin.

Keep your attention here, and as soon as I have more information for you, it will be here immediately.