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Brad Miller

Brad Miller's Posts

NAHB Calls on Builders to Support AD&C Financing Bill

The two-week congressional recess offers builders an ideal opportunity to meet with representatives at their in-district offices to encourage them to support legislation designed to improve the flow of AD&C credit. Read more

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House Bill Wants Feds to Guarantee AD&C Loans For Builders

North Carolina congressman who introduced the legislation is most concerned about the industry’s job drain. Read more

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Emergency Home Ownership and Mortgage Equity Protection Act Emergency Home Ownership and Mortgage Equity Protection Act

The House Judiciary Committee on Dec. 12 completed its markup of the Emergency Home Ownership and Mortgage Equity Protection Act of 2007. Introduced by Rep. Brad Miller (D-N.C.), the measure would allow bankruptcy judges to reduce the value of a home loan, extend the terms of the loan, lower the interest rate, delay the effective date of an adjustable rate increase, and make other similar changes to a mortgage for homeowners going through Chapter 13 bankruptcy proceedings. Read more

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