03.25.2010
FED Pledges Low Interest Rates for "Extended Period"
Federal Reserve officials repeated their pledge to keep the main interest rate near zero for an "extended period" and confirmed that emergency measures to prop up the housing market will end as planned this month.…
Read More03.18.2010
Small Businesses Want Same Treatment as Large Corporations
Proposed legislation calls for the Small Business Administration to help business owners find willing lenders and, as a last resort, issue the loan directly. While this provision passed a House vote in October, the direct-lending…
Read More03.12.2010
Lower Delinquency in Commercial Loans
The Mortgage Bankers Association reports that commercial mortgages were among the best-performing loans and leases held by banks and thrifts in the last three months of 2009. Commercial and industrial loans had delinquency rates of…
Read More03.11.2010
Charles McMillan, Immediate Past President of NAR Testifies Before Congress
Passage of an appropriate comprehensive national disaster policy is a top legislative priority for REALTORS® nationwide. Charles McMillian testified on March 10 before the Committee on Financial Services and offered that NAR stands ready to…
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