Congress' failure to act now on a required technical correction will jeopardize energizing the real estate market, advancing green environmental programs, and delay much-needed energy efficiency improvements to the nation's existing building stock. By not making the technical correction to the federally mandated latest HUD mortgagee letter, which lifts the cap on cost-effective energy improvements allowed in an energy efficient mortgage (EEM), Congress is putting the economy at further risk. (PRWeb Nov 21, 2008)
Read the full story at http://www.prweb.com/releases/green_energy/energy_efficient_mortgage/prweb1651104.htm
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Read the full story at http://www.prweb.com/releases/green_energy/energy_efficient_mortgage/prweb1651104.htm
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Welcome to Mortgage-Lending-News.Com. The United States Mortgage Industry is at a crossroads. Hundreds of billions in loans and real estate valuations have been lost due to the sub-prime mortgage crisis. Even worse, billions more are at risk during the first half of 2008, as even more adjustable rate mortgages reset their rates. Hardly a day goes by that we don't hear of a foreclosure crisis in the news. Quite simply, there is too much news for us to keep up with, so we built this Mortgage site, initially as a means for us to internally follow what is going on in the mortgage industry. Now, we are sharing it with you.
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