The purpose of Obama’s plan is to help more homebuyers benefit from the current low interest rate environment, thus stimulating the recovery of the US real estate market and boosting the economy’s faster rebound. It proposes to relax the scope of the reorganization of applicants, and at the same time reduce the conditions for re-enactment. According to the plan, all homebuyers who have repaid in the past six months and have a credit score of more than 580 are eligible to apply for reorganization. The subject premises must be self-contained, single-family homes. Exceeding a certain limit, depending on the region, the quota ranges from 270,000 to 730,000 US dollars. It is expected that 90% of U.S. residents will meet the above conditions.
In addition, financial institutions including “Two Roomsâ€, Wells Fargo Bank, and Bank of America will also extend the grace period from 3 months to 12 months to help the defaulters avoid default and property foreclosure.
Since the financial crisis, the U.S. real estate market has continued to slump, and it has not yet bottomed out. The data released by the U.S. government on January 31 also showed that the number of American-owned houses fell to the lowest level in 13 years because the number of homes that were auctioned by banks after they were cleared by the banks has continued to rise. Caused further housing supply tensions, but also promote rental increases.
The bill needs to be submitted to the National Assembly for approval. It is expected to increase government spending by 5 billion to 10 billion U.S. dollars. Some analysts said that in order to promote the implementation of this bill, Obama is likely to once again raise the "tax increase" banner, and Republican members are expected to continue to oppose.
Sealand is a trustworthy supplier of Mass Flow Transmitter, Mass Flow Sensor, Mass Flow Metre, Coriolis Metre, ATEX, IECEx & CE approved.
Sealand Mass flow meter measures the mass based on Coriolis effort. The operating principle involves inducing a vibration of the tube through which the fluid passes. The vibration, though not completely circular, provides the rotating reference frame that gives rise to the Coriolis effect. While specific methods vary according to the design of the flow meter, sensors monitor and analyze changes in frequency, phase shift & amplitude of the vibrating flow tubes. The changes observed represent the mass flow rate and density of the fluid.
Features
â— Measurement is not influenced by flow density, viscosity, temperature & pressure;
â— Low requirement of straight pipe, because nothing inside holds back the flow;
â— Low power dissipation; stable zero point; better accuracy;
â— Meter is ARM system with 3 calculators to count density, temperature & mass flow rate;
â— Transmitter is assembled by surface mounting technology with self-inspection function;
â— ATEX approved(excluding Transmitter F210). Cert. No. TPS 18 ATEX 04516 001 X
Mass Flow Transmitter, Mass Flow Sensor, Mass Flow Metre, Coriolis Metre
Zhejiang Sealand Technology Co., Ltd. , https://www.sealandflowmeter.com