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...
During the first day of a scheduled two-day hearing on proposed housing legislation sponsored by Committee Chairman Barney Frank, Federal Housing Administration (FHA) Commissioner Brian D. Montgomery testified before the House Financial Services Commission. While most of his remarks centered on the proposed...
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...