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Uncovering the impact of TARP Premium Content

By Matt Carter, Wednesday, December 10, 2008.

Lawmakers expressed concerns today about oversight of the Treasury Department's $700 billion Troubled Asset Relief Program, questioning whether the money spent so far has done much to stabilize credit markets or reduce foreclosures.

The Treasury Department has already doled out $195 billion through TARP without a system in place to measure whether the money is actually helping relieve the credit crunch, or whether banks and other companies that receive the money are complying with restrictions on its use, according to a Government Accountability Office report to Congress.  more...

Future of Fannie, Freddie in question Premium Content

By Matt Carter, Wednesday, December 10, 2008.

It's a debate that could rage for years: were Fannie Mae and Freddie Mac catalysts for the housing meltdown and financial crisis, or victims of a boom-bust cycle they couldn't have foreseen?

The prevailing views on the topic could help decide whether Fannie and Freddie -- placed into government conservatorship in September -- will be rehabilitated or allowed to go the way of the dinosaur.

Republican presidential candidate Sen. John McCain is among those who see Fannie and Freddie as catalysts -- "the match that started this forest fire."  more...

Using tech to dodge checkmate

By Inman News, Wednesday, December 10, 2008.

Spencer Rascoff is chief operating officer at Zillow, a real estate valuation, search, marketing and information Web site that consistently ranks among the most-visited online real estate destinations.

Rascoff will speak during a session at the upcoming Real Estate Connect conference in New York City titled, "Should Your MLS Be in Front of Consumers?" and will also attend a "Meet the Leaders" networking session at the conference.

He answered a set of questions posed by Inman News:  more...