Senate approves short sale tax break

Senate approves short sale tax break

Allows tax relief on 2014 short sales

Another regulator investigates Ocwen Financial

Ocwen’s terrible, horrible, no good, very bad year just got worse

Senate fails to pass Terrorism Risk Insurance Act

Housing groups "extremely disappointed" in "alarming failure"
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Financial Reform Bill Appears Likely

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A sweeping regulatory overhaul of the financial industry gained momentum Tuesday as Sen. Richard Shelby, the ranking Republican on the Senate Banking Committee, rejoined bi-partisan negotiations on the bill, CNBC has learned. Senate Banking Chairman Christopher Dodd (D-Conn.) is already negotiating details of the proposal with Republican Sen. Bob Corker. The two have just returned from a recess trip to Central America where they continued discussions over the plan.

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