Reuters – The federal government should take mortgage finance giants Fannie Mae and Freddie Mac off life support sooner rather than later, the Mortgage Bankers Association urged on Wednesday. Read More Bankers urge government to pull plug on Fannie, Freddie
Reuters
Posted in Blog | Tagged bankers, fannie, freddie, government, on, plug, Pull, reuters, to, urge
Reuters – Japan’s government will urge the Bank of Japan to ease monetary policy further as part of a package of steps to stem the yen’s rise and support the fragile economy, the Asahi newspaper said, ratcheting up pressure on the central bank to take action before a policy meeting next month.
Read More Japan [...]
Posted in Blog | Tagged boj, call, easing, econ, for, government, japan, plan, report, reuters, to
Reuters – Treasury Secretary Timothy Geithner on Tuesday said there is a strong case for a carefully designed government guarantee for mortgages as policy makers embark on restructuring Fannie Mae and Freddie Mac. Read More Geithner says government guarantee is key housing question
Reuters
Posted in Blog | Tagged geithner, government, guarantee, housing, is, key, Question, reuters, says
The increase in foreclosure rates across the country has caused millions to turn to their government for some sort of aid.
In some cases people want a bailout, while others simply want laws changed. It appears to be working, too, with the number of bills introduced to the Senate and House since the start of 2009 [...]
Posted in Blog | Tagged about, doing, foreclosure, government, is, it, the, what
Reuters – American International Group Inc Chief Executive Robert Benmosche is hoping this is the beginning of the end for the insurer’s massive taxpayer bailout.
Read More AIG tops view, starts talks on government exit
Reuters
Posted in Blog | Tagged aig, exit, government, on, reuters, starts, talks, tops, view
Here we go again another government attempt to stop foreclosure. With government initiated loan modification programs failing to put a stop to the foreclosure crisis.
Ben S. Bernanke, Chairman of the Board of Governors of the Federal Reserve System, told congressional leaders in a letter yesterday that the Fed will seek to renegotiate mortgages it owns [...]
Posted in Blog | Tagged foreclosure, government, Loan, modification, relief, With
Reuters – The United States, which targeted Swiss bank giant UBS in a damaging tax fraud probe last year, is not planning to carry out new tax investigations against Swiss banks, the U.S. ambassador to Switzerland said. Read More Government wont target more Swiss banks on tax US diplomat
Reuters
Posted in Blog | Tagged banks, diplomat, government, more, on, reuters, swiss, target, tax, us, wont
U.S. News & World Report – Benefit payments from the Social Security trust fund exceeded tax income and interest for the first time in 2010, according to Congressional Budget Office calculations released on Friday. As the economy recovers from the recession, income will again exceed benefit payments until 2016. After that, Social Security payments [...]
Posted in Blog | Tagged 30, analyzes, changes, government, news, report, Security, social, us, world
AFP – French financial inspectors offered a boost to the scandal-hit government on Sunday by clearing Labour Minister Eric Woerth of accusations that he helped L’Oreal billionaire Liliane Bettencourt evade taxes.
Read More Government inspectors ease scandal over French minister
AFP
Posted in Blog | Tagged afp, ease, french, government, inspectors, Minister, over, scandal
