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Articles Tagged With 'Bailout'

Bailout Balance Sheet (December 2009): Taxpayers’ Revenues Grow, but So Do Losses

The total amount that taxpayers have likely lost forever reaches $9 billion, but for now, that's offset by earnings.

AIG May Soon Lose Crown as Biggest Bailout Debtor

AIG shaves $25 billion off its bailout debt, leaving only $62 million to go.

Treasury Still Vague on Penalties for Loan Mod Laggards

The oversight of loan servicers will increase, but the "or else" still isn't specified.

Regulators Seize Another Recipient of TARP ‘Healthy Bank’ Bailout

One bank collapse in California and two in Florida push the number of failures to 123 this year.

Govt’s Attempt to Push Transparency for Mortgage Mods Falls Short

New guidelines will require loan servicers to give details about why modifications are denied, but some information can still re

Your Bailout Update (Nov. 2009): $400 Billion Outstanding

Keeping track of the TARP money that has gone out -- and the money that's never coming back.

Taxpayers Lose $2.3 Billion with CIT Bankruptcy

CIT files for protection less than a year after it got bailout money, leaving preferred shareholders -- including the Treasury -

Freddie Mac, Given Oversight of Mortgage Mod Program, Falls Down on Job

The Treasury and consumer advocates are complaining about Freddie Mac's performance in auditing loan servicers.

Four Banks in Govt’s ‘Healthy Bank’ Bailout Struggle to Survive

Questions are raised about how some troubled banks got approval by regulators for the Capital Purchase Program.

Watchdog Report Throws Cold Water on Treasury Loan Mod Celebration

Half a million homeowners have begun trial mortgage modifications, but that doesn't mean they have all dodged foreclosure.

Adding Up the Financial Rescue: Fall Edition

The cost of the government's bailouts depends on who is doing the counting.

Frustrated Homeowners Turn to Media, Courts

Many people are being denied for the federal mortgage modification program, and some are going public with their complaints.

Happy Birthday, Bailout: $390 Billion Outstanding

A year into the financial rescue effort, we take stock of the spending on Fannie, Freddie and those involved in the TARP.

How Are Those Loan Mods Coming? Sept. Edition

About 360,000 borrowers have begun the trial period of the mortgage modification program.

FHA Faces Mounting Losses

The Federal Housing Administration has played a big role in preventing a complete housing collapse, but its reserves are dwindli

Your August Bailout Update: $393 Billion Outstanding

Money from bailout recipients is flowing in to the Treasury, but not as fast as the cash flowing out.

Subprime Companies Line Up for Gov’t Mortgage Plan

The federal program to modify home loans is paying companies that helped bring on the foreclosure crisis in the first place.

Fed Loses Suit Over Lending Programs’ Transparency

A judge orders the Federal Reserve to release information about the loans it has made to banks during the financial crisis.

Bankruptcy Judges, Justice Dept. Rip Mortgage Companies

Complaints about loan servicers have soared in recent years, and bankruptcy cases are exposing the breadth of the problems.

$0 Billion More to Freddie