President OKs Housing Bill

The Associated Press reports:

• President Bush on Wednesday signed a massive housing bill intended to provide mortgage relief for 400,000 struggling homeowners and stabilize financial markets. Bush signed the bill without any fanfare or signing ceremony, affixing his signature to the measure he once threatened to veto, in the Oval Office in the early morning hours.

For more, see Bush signs housing bill to provide mortgage relief.

Go here for a copy of the new law, the American Housing Rescue and Foreclosure Prevention Act (go here for House Financial Services Committee press release describing some of the key provisions of the new law).