Your Search Returned 434 tagged news reports
Supervisors are examining whether banks such as JPMorgan Chase & Co., Morgan Stanley and Goldman Sachs Group Inc. have enough capital for the risks they take, how much they know about the strength of their counterparties and whether risk managers have...
Tags: AM US Federal Reserve, The Fed, Fed's Board of Governors, central banks, Goldman Sachs Group Inc., Asian, use banks, financial systemic, Treasury Department, Morgan Stanley, New York City, Federal Reserve, Financial economics, Federal Reserve System, Goldman Sachs, Troubled Asset Relief Program, Interest rates, Subprime mortgage crisis, Economic history of the United States, Business Finance
This is a short sale, and I understand that multiple lenders are involved...A: I'm sure that someone besides you wants this sale to work out — the seller! The problem is that each lender has to agree to the short sale, and lenders are drowning in non-performing...
Tags: short sales, loans modifications, Ilyce Glink, Treasury Department, San Antonio, Banking, Credit, Short sale, Foreclosure, Short, Mortgage, Finance, Real estate, Business Finance
A new federal program to support state and local housing finance agencies is expected to involve more than $29 billion in government support, Fannie Mae and Freddie Mac disclosed Thursday. Under the program announced by the Treasury Department last month,...
Tags: Treasury Department, Freddie Mac, housing financing, financing agencies, Fannie Mae, Washington, Personal finance, Government policies and the subprime mortgage crisis, Federal takeover of Fannie Mae and Freddie Mac, Subprime mortgage crisis, Mortgage, Banking, Business Finance, Politics
A year after the federal government rescued the nation’s financial industry, the Treasury Department announced Thursday that it would auction off its remaining investments in three large banks, freeing the lenders from the federal bailout program. The...
Tags: Treasury Department, Goldman Sachs, TCF Financial, Capital One Financial, Germany, Tarp, Banking in the United States, Troubled Asset Relief Program, United States Department of the Treasury, Warrant, Investment banks, Primary dealers, Hedge funds, Business Finance, Politics
The Treasury Department announced late Thursday that it intends to sell warrants to purchase common shares in three financial firms: JP Morgan Chase, Capital One Financial Corp and TCF Financial Corp. The warrants were received in return for government...
Tags: Treasury Department, sell warrants, Washington, JPMorgan Chase, Capital Purchase Program, Troubled Asset Relief Program, Corporate finance, Options, Warrant, Business Finance, Bailout
tool goes here More than 314,000 taxpayers made inaccurate claims for a popular tax credit that helps pay college expenses, getting $532 million they weren't entitled to receive, a government report said Thursday.
Tags: IRS, inaccurate claims, tax credit, college tax, Treasury Department, Congress, helps pay, Bradenton, IRS tax forms, Alternative Minimum Tax, Business Finance, Taxation in the United States, Tax credits, Internal Revenue Service
Only a tiny percentage of troubled homeowners have received permanent modifications under President Obama's foreclosure prevention plan, raising concerns about the effectiveness of the $75 billion effort. Fewer than 5% of the trial modifications on loans...
Tags: trial modifications, permanent modifications, CitiMortgage, Treasury Department, conversion rate, trial period, Chase Spokesman Tom Kelly, foreclosures prevention, Los Angeles, Valuation, Real property law, Foreclosure, Mortgage modification, Mortgage broker, Mortgage, Personal finance, Banking, Business Finance
A key House panel on Thursday approved an amendment offered by Rep. Ron Paul (R., Texas) to give federal watchdogs massive new authority to audit the Federal Reserve. The approval came as the House Financial Services Committee concluded weeks of debate...
Tags: Federal Reserve, Ron Paul, House Financial Services Committee, house panel, central banks, Alan Grayson Take, Treasury Department, U.S, fed auditing, panel approved, Washington, Emergency Economic Stabilization Act, Subprime mortgage crisis, Federal Reserve System, Troubled Asset Relief Program, Business Finance, Politics, Financial institutions, Credit union, Bank, Caucus, Caucuses of the United States Congress, Ken Calvert, Maxine Waters, Congressional Black Caucus, Timothy Geithner, Social Issues, Finance, General Growth Properties, Mortgage loan, AOL, Mortgage, Banking
Westamerica Bancorporation said Wednesday it has bought back nearly 42,000 shares from the Treasury Department, completing its repayment of funds it received through the government's rescue program for banks. Calif. — Westamerica Bancorporation said Wednesday...
Tags: Union Bankshares Corp., Treasury Department, Westamerica Bancorporation, Germany, Tarp, GMAC, economics, Banking in the United States, United States Department of the Treasury, Troubled Asset Relief Program, Business Finance, Politics, Preferred stock, Stock, Dividend, Stock market, Corporate finance, Equity securities
President Barack Obama's choice for a top job with the Treasury Department is having tax problems. A congressional report says Obama's nominee for undersecretary of the Treasury for international affairs, Lael Brainard, was late in paying real estate...
Tags: Treasury Department, Barack Obama, Lael Brainard, tax problems, Minneapolis, Business Finance, Year of birth missing, Brainard, Politics, Social Issues