Housing Legislation Delayed

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	Housing Legislation Delayed

Brian Wingfield

5-8-2008 7:07 AM

909 views

tags:

housing, fha, mortgage

Brian Wingfield says:

Political infighting is slowing a response to the housing crisis.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/122af016-c9af-4348-9e94-c21a094aae96/22615CD4-12D1-49A6-9457-CB8B5AAF40B4/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.nytimes.com/2008/05/08/business/08housing.html?ref=todayspaper" href="http://www.nytimes.com/2008/05/08/business/08housing.html?ref=todayspaper" style="font-size: 11px;">www.nytimes.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2008/05/08/business/08housing.html?ref=todayspaper"><P><A title="More news and information about Washington, D.C.." href="http://topics.nytimes.com/top/news/national/usstatesterritoriesandpossessions/washingtondc/index.html?inline=nyt-geo">WASHINGTON</A> — Emboldened by President Bush’s  threat to veto a Democratic plan to help homeowners in danger of foreclosure, House Republicans threw up repeated roadblocks to delay debate of the legislation on Wednesday, prompting an angry argument between party leaders over procedural tactics. </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2008/05/08/business/08housing.html?ref=todayspaper"><P>House Democrats, led by Representative Barney Frank, Democrat of Massachusetts and chairman of the Financial Services Committee, had been hoping to build a bipartisan consensus on the housing legislation, which would widen the availability of federal-insured mortgages to help troubled borrowers refinance their loans. </P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/22615CD4-12D1-49A6-9457-CB8B5AAF40B4/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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