HW Media connects and informs decision makers across the housing economy. Professionals rely on HW Media for breaking news, reporting, and industry data and rankings. Moving the Housing Market Forward.
Discussions surrounding a proposed $700+ billion bailout of the nation’s financial markets over mortgage bets gone horribly wrong took a dramatic turn late Thursday, after a group of Republicans in the House of Representatives surprised key lawmakers and proposed a separate bailout proposal during a key meeting with President Bush and members of the House and Senate.