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The United States Housing and Economic Recovery Act of 2008 (commonly referred to as HERA) was designed primarily to address the subprime mortgage crisis.It authorized the Federal Housing Administration to guarantee up to $300 billion in new 30-year fixed rate mortgages for subprime borrowers if lenders wrote down principal loan balances to 90 percent of current appraisal value.
January 2008: U.S. stocks had the worst January since 2000 over concerns about the exposure of companies that issue bond insurance. [108] February 13, 2008: The Economic Stimulus Act of 2008 was enacted, which included a tax rebate. [109] [110] February 22, 2008: The nationalisation of Northern Rock was completed. [94]
With each new year comes a new batch of tax rules and miscellaneous changes to the laws that taxpayers need to be aware of. There's no denying that the tax code in the United States is incredibly ...
Div. B: Energy Improvement and Extension Act of 2008; and; Div. C: Tax Extenders and Alternative Minimum Tax Relief Act of 2008; October 7, 2008 --- Fostering Connections to Success and Increasing Adoptions Act of 2008, Pub.L. 110-351; October 8. 2008 --- India-United States Civil Nuclear Agreement, Pub.L. 110-369
The Internal Revenue Service has released its 2008 list of the 12 scammiest tax scams, with internet phishing and frivolous tax arguments topping the list. The IRS puts this list together each ...
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