mortgage rescue plan to save hundreds of thousands of homeowners
from foreclosure has inched closer to the finish line.
The Senate voted 76-to-10 to advance the measure. It includes
overhauls of the Federal Housing Administration, Freddie Mac and
Fannie Mae.
A new 300 billion dollar FHA program would help debt-ridden
homeowners to qualify for government-backed refinancing of more
affordable mortgages. But there are a few roadblocks in the form of
so-called ad-ons.
One of them is a proposal by Nevada Republican John Ensign to
attack an 8-billion-dollar package for renewable energy tax breaks.
Still, passage appears likely by the end of the week with enough
votes to override President Bush's promised veto.
The White House has voiced reservations about a
3.9-billion-dollar plan for buying and fixing up foreclosed
properties. Republicans view it as a bailout for lenders who helped
create the mortgage crisis. Democrats counter it's a way to prevent
neighborhood blight.
FBI Investigating Firms at Center of Meltdown










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I think the new jurisdiction is to Snow Rd, the old was to Cody. But I’m not sure they base that on “land miles” or “air miles”, because my husband said he had looked at the jurisdiction map for the PD, and the line actually runs through my sister’s back yard-and they live out Howell’s Ferry, about a mile or so past Snow Rd.