Real Estate, Mortgage News

Real Estate News and Press Release Distribution Services
Submit Press Release | Submit RSS Feed | About US | Contact Us

Home | Real Estate News | Mortgage Rates
Unlimited Press Release Distribution
Press release distribution service

News Media
CNN Money
Costar Group
Inman News

Los Angeles Times

National Real Estate Investor
Mortgage News Daily
New York Times
Realtor Magazine
Wall Street Journal
Yahoo Finance
RSS News Feed
Get your news feed listed here as other news media shown below! Submit RSS News Feed

Mercury News
New York Post

Real Estate News Releases

Lobbyists Gave More than $350-Million to Congress

(EMAILWIRE.COM, June 22, 2009 ) Lobbyists contributed more than $350-million to Congressional campaigns during the height of the real estate boom, triggering the worst economic crisis since at least the Great Depression.

As Congress and the White House work over the summer to come up with new reforms for the financial markets in efforts to protect consumers few associated with interests to protect consumers are optimistic. “It’s the bottom of the ninth, and its bankers 10, consumers 0,” said John Taylor, chief executive of the National Community Reinvestment Coalition. “It’s like being in a street a street fight, and you and a few friends just went up against 100 other people, and you’re picking yourself off the ground.”

Powerful banking and real estate lobbyists are taking the blame for the worst economy in decades along with Congress and a list of others. Housing Predictor delves into the fall out from the lobbying interests in efforts to determine just how long it will take to correct the damaged economy and the turmoil in housing markets.

The fall-out from the financial crisis has resulted in more than 4-million foreclosures and millions of more homeowners in jeopardy of losing their homes. Chief among the efforts are clearly becoming the new reforms that policy makers are hopeful will rein-still confidence in banking and the mortgage lending system to strengthen the economy.

The repeal of the law enacted during the Great Depression took lobbyists nearly 25 years to have abolished, and it’s final expulsion resulted in the worst real estate crisis the country has ever experienced. Housing values are falling at all-time record rates in dozens of states with especially hard hit markets suffering deflation as high as 70%.

Read the full report on just what Congress gained, search real estate listings and foreclosures and check your market forecast at

Headline Press LLC
Mike Colpitts

Real Estate News by Sector
  • Appraiser
  • Consumer News
  • Commercial
  • Mortgage News
  • Property Law
  • REIT News
  • Sales, Marketing
  • Technology

  • Real Estate RSS Marketpalce

    Submit RSS news feed on Real Estate.
    Have your feed on real estate news, products or services displayed under this marketpalce and have your feed on a full page updated daily. Click on example below. Add RSS feed Now!

    EmailWire Real Estate News Releases
    News releases on real estate as posted by businesses, organizations and experts.

    Press release service

    ESTATENewswire is part of GropWeb Network, online properties of GroupWeb Media LLC. Copyright GroupWeb Media LLC. All Rights Reserved.

    For unlimited press release distribution for $99 per month or $999 per year, call (281) 645-4086 or start posting your press releases online at
    Copyright 2009 GroupWeb Media LLC

    GroupWeb Media Network
    AfricaNewswire.Net | AppleNews247.Com | AsiaNewsWire.Net | Aviation-NewsWire | Energy Industry | EstateNewsWire | | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | EuropeNewsWire.Net | | i-Canada-News.Com | | iT-NewsWire.Com
    | InvestorsNewsDesk.Com | i-TravelNewsWire.Com | | | | MoneyNewsWire.Net | Movie-Stars-News.Com | PayDayNews247.Com | PharmaNewsWire.Com | Publishing-NewsWire.Com | | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com |
    ESTATENewswire.Com - Newswire and Press Release service of GroupWeb Media LLC