Articles Tagged With 'Bailout For Breakfast'
FHA Faces Mounting Losses
The Federal Housing Administration has played a big role in preventing a complete housing collapse, but its reserves are dwindli
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.
Treasury Launches Shame Offensive Against Mortgage Servicers
The administration, trying to quicken the pace of loan modifications, releases information that shows which servicers are laggin
Do Loan Servicers Profit From Not Modifying?
Because of late fees, delinquent borrowers are good for the loan servicers, a report suggests.
At Meeting, Servicers Agree to Boost Mortgage Mods
The Treasury Department and loan servicers set a goal of 500,000 modifications by November.
Why Isn’t the Gov’t Mortgage Program Working?
Some believe that loan servicers are overwhelmed by the modification effort, but others think they are just not interested.
Report: FDIC Bailout Will Save Banks $24 Billion
A smaller bailout program helps banks make their debt affordable.
TARP Watchdog Growls at Treasury over Lack of Transparency
The government isn't telling taxpayers how their money is being spent, the TARP's special inspector general says.
How Banks Are Using Bailout Money
An inspector general's report says taxpayer money, intended to help banks increase lending, is being spent for other purposes as
Reports: Gov’t Mulls CIT Rescue
The bank's importance as a lender to small businesses could make it difficult to abandon.
Large Bailed-Out Bank Struggles to Survive
CIT Group got $2.3 billion in government aid, but with its viability in question, the FDIC is reluctant to give it more.
