Bulletin: Senate Ends FHA Reform Debate
July 25th, 2008
Related FHA Stories
- Bulletin: Senate Passes Foreclosure Prevention Act, 72-13
- Bulletin: FHA Modernization Approved in Senate, 83-9
- FHA Mortgage Reform Sails Through Senate Commitee
- FHA Bill Moves Forward In Back Halls Of Congress
- Will the White House Veto The FHA Trust Fund Proposal?
Story Tools
The Senate has closed off additional debate on the FHA modernization bill that was earlier approved by the House. The vote for cloture was 80-13.
What this means: The Senate will now vote on the full bill. This could happen later today, Friday, but there could be some delay which would result in a Saturday vote. (The reason to push for a Friday vote is so that Senators can return to their states for weekend politicking.)
Once past the Senate the measure will then go to the President. The White House has said that the President — who consistently opposed the measure and threatened a veto — would now sign the package.
- |
- |
-
- |
This entry was posted on Friday, July 25th, 2008 at 11:24 am and is filed under . You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.
Listen to FHA Loan Pros columnist Peter Miller on American Public Radio: 
RSS Feed
