Despite fears of a looming crisis, at least one observer of the economy thinks talk of a collapse in commercial real estate may be unfounded. ...more

October 28, 2009

Despite fears of a looming crisis, at least one observer of the economy believes talk of a collapse in commercial real estate may be unfounded. ...more

October 27, 2009

Bank closings for the year hit 100 on Friday when regulators shut down Partners Bank in Florida. Financial institutions nationwide have collapsed under the weight of soured real estate loans and the Great Recession. ...more

October 24, 2009

Rising losses on commercial real estate loans will continue to hurt U.S. banks in coming months and pose the biggest challenge for many financial institutions and overseers, regulators said Wednesday. ...more

October 15, 2009

$30 billion The amount of loan losses expected by the end of 2009 on offices, shopping malls, hotels and other commercial property. ...more

July 22, 2009

The 20 largest banks that received government rescue funds slightly reduced their lending to consumers and businesses in the last three months of 2008, the government said Tuesday. ...more

February 18, 2009

WASHINGTON - Republican Sen. Judd Gregg said Friday that he pulled out of the job of commerce secretary after realizing that "I'm just going to be a little too conservative" for President Barack Obama's administration. ...more

February 13, 2009

Many banks have made it harder for borrowers to obtain all kinds of loans over the past three months despite a $700 billion federal bailout program and a flurry of other bold moves to stem the worst financial crisis to hit the country since the 1930s. ...more

February 3, 2009

Congress OKs Release Of Final $350B Of Bailout WASHINGTON (AP) - Congress laid the foundation for President-elect Barack Obama's economic recovery plan on Thursday with remarkable speed, clearing the way for a new infusion of bailout cash for the financial industry while majority Democrats proposed spending increases and tax cuts totaling a whopping $825 billion. ...more

January 18, 2009

The U.S. Attorney's Office has reached a plea agreement with a St. Petersburg man accused of participating in a complicated mortgage fraud scheme. ...more

August 14, 2008