SmarterSafer has sent a letter to Senate Majority Leader, Harry Reid and Senate Minority Leader, Mitch McConnell urging them to pass Legislation re-authorizing the National Flood Insurance Program which is due to expire on September 30. SmarterSafer thinks the bill needs strengthening, even though the Senate Banking Committee has already taken steps to reforming the
Lawmakers Call For Lower Down Payments
June 2, 2011 by
A mortgage proposal that calls for a 20% down payment on even the safest of mortgages is the target of a group of lawmakers who are desperate to convince federal regulators to overhaul the move. The move, say lawmakers, would threaten the chances of the US making a full recovery from recession “for years”. A