Articles About Federal Government

The federal government’s program to help homeowners facing foreclosure has reached its target of 500,000 mortgage modifications by November 1.  “There is a lot of work left to do,” said Shaun Donovan, Secretary of Housing and Urban Development.  “Today’s announcement is a good step forward, but we are nowhere near the finish line.”  The long-term […]

Toxic commercial real estate loans could create losses up to $100 billion for small and mid-size banks by the end of 2010 if the economy worsens.  According to a Wall Street Journal report – which applied the same criteria used by the federal government in its stress tests of 19 big banks — these institutions […]

The credit crunch and sluggish return-on-investment environment are impacting green commercial real estate development – and not in a good way.  Even on projects where dirt actually gets moved, it will be more difficult to incorporate sustainable design principles as companies become more cost conscious.  The greening of the workplace should pick up once again […]