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Congress Poised to Keep Homebuyers’ Tax Credit
nytimes.com - 16 days ago
Congress Poised to Keep Homebuyers’ Tax Credit
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Congress Poised to Keep Homebuyers’ Tax Credit
calculatedriskblog.com - 16 days ago
Congress Votes for Housing Tax Credit
— calculatedriskblog.com — From the NY Times: Congress Agrees to Keep Homebuyers’ Tax Credit The Senate and House are poised to agree on a compromise measure to extend unemployment benefits that also would expand a [un]popular $8,000 tax credit for homebuyers ... The bill also ... (more) Congress Votes for Housing Tax Credit

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Calculated Risk:  Congress Votes for Housing Tax Credit

Bubble Meter:  Homebuyer tax credit nearing renewal

Rolfe Winkler:  Lunchtime Links 11-4

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Congress Votes for Housing Tax Credit
Calculated Risk — From the NY Times: Congress Agrees to Keep Homebuyers’ Tax Credit The Senate and House are poised to agree on a compromise measure to extend unemployment benefits that also would expand a [un]popular $8,000 tax credit for homebuyers ... The bill also extends the net-operating-loss carryback period for firms from two years to five years (to help homebuilders). The Senate might pass its version as early as Wednesday, and aides to Congressional leaders say the House could accept it this week, sending the bill to President Obama to sign into ...

Homebuyer tax credit nearing renewal
Bubble Meter — Stupid stuff like this is why, after a decade of voting straight Democratic in state and federal elections, I decided to stay home yesterday and let the ...

Lunchtime Links 11-4
Rolfe Winkler — BofA’s counsel had no legal authority in Merrill deal (DeCambre/Wilner/Whitehouse, NY Post) Congress agrees to keep homebuyer tax credit (NYT) Berkshire may lose AAA rating from S&P on Burlington deal (Frye, Bloomberg) The deferred tax asset disaster (Tracy Alloway, Alphaville) A very helpful reminder from Tracy about DTAs. Banks still count these as capital (and yes, it’s included in TCE) even though, in a stressed situation, they don’t provide any cushion whatsoever to absorb losses. In Somalia, cheap ...

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