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Hopes run high for tax-credit expansion

(Marketwatch.com)

Hopes run high for tax-credit expansion

By Steve Kerch, MarketWatch

SAN DIEGO (MarketWatch) — The expansion — or, at a minimum, extension — of the $8,000 first-time-home-buyer tax credit that is set to expire Nov. 30 is at the top of the legislative agenda for the Mortgage Bankers Association, with one of the MBA’s leaders saying the trade group is “very close” to winning that battle in Congress.

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