04/29/10: $8 Billion in Rural Development Funds pass through House of Rep. Soon to be finalized in Senate Finance Committee.
04/20/10: Icon Mortgage Lending Commits to funding Rural Development loans as "business as usual, just like always, regardless of USDA backing."
04/10/10: First Place Bank Among those opting out of helping communties grow through Rural Development loans. VP says: "Our funds are too diminished to help Rural communites. Despite their desparate needs. We are shutting down all Rural Housing Operations."
04/05/10: Wells Fargo, Bank of America say they "can't continue backing possible Rural Development loans that may go unfunded. Too much risk, regardless of the impact on local communities."