Insurance

Smith Bill Makes Homeownership a Reality for American Families

Washington, D.C. - December 20th, 2007 - A new law authored by Oregon Senator Gordon Smith will allow homeownership to be more affordable for 187,000 Oregon families. The Mortgage Insurance Fairness Act guarantees mortgage insurance will remains tax-deductible for the vast majority of American homeowners through 2010. The President signed the bill into law today.