Tag: FDIC
Builders Testify Before Congress On Use Of TARP Funds
January 15, 2009 - (RealEstateRama) — As Congress considers releasing the second half of the Treasury's $700 billion Troubled Asset Relief Program (TARP), the National Association of Home Builders (NAHB) today urged lawmakers to use a portion of the funds to stem the rising tide of foreclosures and increase the flow of credit for housing production. NAHB also urged passage of legislation to stimulate housing demand
Home Builders Support FDIC Foreclosure Relief Plan
December 23, 2008 - (RealEstateRama) — The National Association of Home Builders (NAHB) today expressed strong support for a plan put forth by Federal Deposit Insurance Corporation (FDIC) Chairman Sheila Bair to reduce foreclosures, noting that it would help to keep people in their homes and avoid further surges in the inventory of unsold homes.
