My Perspective

Thoughts from the Chairman & CEO of AMC Institute, a learning center providing education, training, information and solutions for mortgage loan providers.

Saturday, August 9, 2008

Public Law No: 110-289

Back on Wednesday July 30th, I spoke about the BIGGEST NEWS STORY IN MY CAREER and I suggested we would have a quiz once you carefully read the supplied Summary of this sweeping new Federal Legislation … well guess what, since then I have seen at least 2 different ’summaries’ wherein I noted a bias by the authors of those summaries … therefore I feel it would be best for my readers to have an easy access to the actual legislation’s full text - this way our ‘pop-quiz’ will be fair!

As you read through these nearly 700 pages, you’ll notice the Public Law No: 110-289 is called:

– Housing and Economic Recovery Act of 2008
– Building American Homeownership Act of 2008
– Clean Energy Tax Stimulus Act of 2008
– FHA Manufactured Housing Loan Modernization Act of 2008
– FHA Modernization Act of 2008
– Mortgage Disclosure Improvement Act of 2008
– REIT Investment Diversification and Empowerment Act of 2008

I feel the first question in our ‘coming pop-quiz’ should be … WHY is this new law referred to by so many different  titles?  

Leave your answers below in the ‘Comments’ section here … and don’t tell me you don’t want to!

posted by Secret! at 11:53 am  

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