The housing bill in July was intended to provide support for the housing market, but partisan politics made numerous additions. The importance of the bill required all these additions to be added. Such additions should have been debated and passed or denied on their own merits.
Will Democrats and Republican play similar games with this legislation?
Partisan additions threaten to delay and to load down emergency mortgage bailout legislation.
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The amount paid per period and the frequency of payments; in some cases, the amount paid per period may change or the borrower may have the option to increase or decrease the amount paid.
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