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GOP trashes legislation seeking TARP for homeowners Democrats press bill to use $6.5 billion of funds for loans and neighborhoods This update corrects spelling for Rep. Spencer Bachus. Continue Reading…

WASHINGTON, July 9 /PRNewswire-USNewswire/ — The Homeowners’ Defense Act of 2009 (HR 2555) is an effective vehicle to help deal with the financial devastation following major natural catastrophes, to alleviate a potential source of shock to the U.S. Continue Reading…

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Owners of shopping malls, hotels and offices are defaulting on their loans at an alarming rate, and the commercial real estate market is not expected to hit bottom for three more years, industry experts warned Thursday. Continue Reading…

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