Congress went back for a second helping Thursday afternoon. After passing, 239 to 188, a bill sponsored by Rep. Maxine Waters (D-CA) that would allot $15 billion in loans and grants to states to buy up and rehabilitate foreclosed properties the whole House took on and passed a second, broader, piece...
The House late Thursday approved a narrowly focused bill that would provide $15 billion to the states to buy and spruce up foreclosed properties . The bill is different from one that has been widely discussed that would enable to Federal Housing Administration (FHA) to ensure new mortgages where the...
The House Financial Services Committee began two days of hearings Wednesday on the economic, mortgage, and housing rescue plan announced last week by Committee Chairman Barney Frank. The two day hearing, on April 9 and 10 will include testimony from federal regulators, academics, economists, and representatives...