Whatever else might be wrong with the country right now, it appears as if the propensity to game the system is still strong. Here are a couple of examples. HousingWire reports that a company in Georgia, Metro Buyers Group, LLC, is buying the new homebuyer tax credit from potential buyers. They then use the money […]
Posts Tagged ‘tax credits’
Things Are Never What They Seem To Be In The Mortgage Market
Posted by Tom Lindmark on April 10th, 2009
Stimulus For Everyone
Posted by Tom Lindmark on December 23rd, 2008
The list of industries that are lining up for relief under the Obama stimulus plan gets longer and curiouser. It seems as if no group believes that it shouldn’t get direct relief from the government. We already know about the homebuilders and the real estate industry in general lobbying hard for mega-relief. Last night I […]