Sierra Title Blog

The Office of Thrift Supervision, on the brink of being reformed out of existence by Obama’s regulatory overhaul, finds a surprising amount of support.

NEW YORK (Fortune) — No one said selling a regulatory reform package would be easy.

As a case in point, consider the Office of Thrift Supervision. The OTS, a branch of the Treasury that was established 20 years ago to supervise savings-and-loans, would be eliminated in the oversight overhaul the Obama administration outlined Wednesday.

Read more.

http://money.cnn.com/2009/06/17/news/overhaul.arrows.fortune/index.htm?postversion=2009061803

HUD tweaked stimulus tax incentive so first-time homebuyers get instant assistance with down payment and closing costs. NEW YORK (CNNMoney.com) — First-time homebuyers will now have access to quick cash to help them with their down payments.

http://money.cnn.com/2009/05/29/real_estate/tax_credit_as_downpayment/index.htm?section=money_realestate