NO. Part of the language in the bill agreeing to extend the First Time Homebuyer Tax Credit (to April 2010) stated that the credit  would NOT be extened again (poison pill).
The Tax credit has been exteneded until April 30, 2010. However, purchasers who have binding contracts as of April 30, 2010 (before May 1, 2010), would still qualify [...]

 
Yes that is true! in fact over 100 changes have been made to the Residential Purchase Agreement (RPA) and receipt and Joint Escrow instructions.  There has been only 2 changes to the form since 2002 so as you can imagine the new contract will have significant changes reflecting the market that we are in.
We (Keller [...]

City of Long Beach, California-
The City of Long Beach, California in a consortium agreement with Habitat for Humanity Greater Los Angeles has been awarded $22,249,980 in NSP2 funds. These funds will be used in targeted areas across 44 census tracts affected by high foreclosure rates and subprime mortgages. The consortium will establish financing mechanisms, in [...]

This is an interesting article, it should be noted however that this is one case and does not necessarily mean that this may be a blanket position that courts would take for all. Additionally, I have heard that per deim charges (additional fees charged by seller’s typically bank reo’s charge when buyer does not close [...]