Fed is expected to take new action to lift economy

WASHINGTON (AP) — The Federal Reserve is running out of options to try to boost a slumping economy and lower unemployment. So policymakers are expected

September 21, 2011 Banking

Senate Committee OKs Flood Insurance Bill

On Sept. 8, 2011, the U.S. Senate Banking Committee unanimously approved the Flood Insurance Reform and Modernization Act, sending it to the full Senate for

September 21, 2011 Real Estate News

IMF: World economy enters ‘dangerous new phase’

WASHINGTON (AP) — The world economy has entered a “dangerous new phase,” according to the chief economist of the International Monetary Fund. As a result,

September 20, 2011 Banking

Flood Insurance Lapse Looms

As Sept. 30 nears, urge Congress to extend national flood program to protect home owners. Government Affairs Headlines from REALTOR.org

September 20, 2011 Real Estate News

Senate Holds Hearing on Foreclosure Glut

At a Senate hearing titled, “New Ideas to Address the Glut of Foreclosed Properties,” witnesses discussed several possible options for dealing with foreclosed properties and

September 20, 2011 Banking

OCC Requires Review of 4.5M Foreclosures

The Office of the Comptroller of the Currency is calling for independent reviews of almost 4.5 million loans. After reviewing 200 loans from each of

September 20, 2011 Banking

Commercial Market Sluggish, Outlook Improving

(May 12)The commercial market continues a slow recovery with occupancy rates rising in office and industrial properties in most major cities. Research Commentary from REALTOR.org

September 20, 2011 Real Estate News

FHFA Sounds Private-Sector Mantra With Plans to Raise GSEs’ Fees

Fannie Mae and Freddie Mac will begin raising the fees they charge lenders for guarantees on mortgage loans next year. According to the companies’ regulator,

September 20, 2011 Banking
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