Kforce Receives Suspension Notice from Government

By 7 Finance

Kforce’s KFRC government staffing division was recently given notice by the Department of Interior that it is suspending Kforce from any further government work in which the firm is not already engaged. The issue relates to work Kforce executed for the Bureau of Land Management.

Kforce helped the bureau prepare requirements for a statement of work for a project. The project was later awarded to Kforce. No further details were divulged by either the firm or the federal government.

categoriafinance commentoNo Comments dataDecember 21st, 2009
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Government unveils new mortgage help

By 7 Finance

WASHINGTON (AP) — The Obama administration is unveiling a new program to provide support to state and local housing agencies to provide help to thousands of home buyers and renters.

The program will feature two parts — a new bond purchase program to support new lending by housing finance agencies and a temporary credit and liquidity program to improve access by housing agencies to credit sources for their existing bonds.

The new program will operate under a law that Congress passed in 2008 to bolster the housing industry, which has been battered by the worst slump in decades, a downturn that saw home sales and home prices plunge and mortgage defaults soar to record levels.

categoriafinance commentoNo Comments dataOctober 21st, 2009
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