Congress Approves Housing Bill September 8, 2008
Posted by Bethany Davidson in : Advocacy, Anti-Predatory Lending Initiative, News, Resources , add a comment From July 26th -WASHINGTON (Reuters) - The U.S. Congress approved a massive housing market rescue bill on Saturday, (July 26th) offering emergency financing to mortgage titans Fannie Mae and Freddie Mac, and setting up a $300-billion fund to help hundreds of thousands of troubled homeowners. Read the rest here. [...]US Government Takes on Big Role in Mortgage Market September 8, 2008
Posted by Bethany Davidson in : Advocacy, Anti-Predatory Lending Initiative, News , add a comment WASHINGTON (AP) — Uncle Sam has just become the 800 pound gorilla in the U.S. mortgage market. The Bush administration announced Sunday it was seizing troubled mortgage giants Fannie Mae and Freddie Mac in a bid to help reverse a prolonged housing and credit crisis. But private analysts worried that it may not be enough to [...]Pennsylvania banking reform bills signed July 14, 2008
Posted by Andrew Macurak in : Advocacy, Anti-Predatory Lending Initiative, News , add a comment The Pittsburgh Community Reinvestment Group (PCRG), a coalition of over 20 neighborhood groups representing 130,000 individuals in the City of Pittsburgh and Allegheny County announces Governor Rendell’s signing of the Mortgage Reform Bills.PCRG Executive Director Steve Shivak with Governor Ed Rendell
