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Archive for June, 2009

Illinois will begin using photo radar in freeway work zones in July. One mile per hour over the speed limit and the machine will get you a nice $375.00 ticket in the mail. Beginning July 1st, the State of Illinois will begin using the speed cameras in areas designated as “Work Zones” on major freeways. [...]

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Carrie Bay | 06.02.09 The Federal Housing Administration (FHA) laid out the details of a new policy [Mortgagee Letter 2009-15] on Friday that will allow first-time homebuyers to apply the $8,000 federal tax credit toward the purchase costs of an FHA-insured home. HUD Secretary Shaun Donovan said he expects the action to stimulate home sales [...]

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