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Jim Hoft GatewayPundit 7/7/2011 It’s an Obama world… The Obama Administration will require mortgage companies to offer 12 months of forbearance for qualified unemployed borrowers. The Wall Street Journal reported: The Obama administration will require mortgage companies to extend more generous mortgage relief to help certain unemployed borrowers from losing their homes to foreclosure. Under […] July 8th, 2011 | Tags: FHA, Home Affordable Modification Program, mortgage foreclosures, Shaun Donovan | Category: banking regulations, Barack Obama, Department of Housing and Urban Development, Fascism, unemployment | Comments are closed
Washington–(Reuters) – U.S. taxpayer profits from bank bailout investments are being offset by estimated losses from American International Group and automakers and mortgage payment cuts for struggling homeowners, a U.S. Treasury report showed on Monday. The Treasury estimated net losses on its $700 billion bailout program at $68.5 billion for the fiscal year ended September […] January 11th, 2010 | Tags: A.I.G., General Motors, Home Affordable Modification Program | Category: TARP, Taxes, Treasury Department | Comments are closed
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