Topic: U.S. Department Of The Treasury

Only 4 percent of enrolled borrowers have received permanent help in Obama mortgage planThe Obama administration's embattled mortgage relief plan has provided permanent help to only 4 percent of borrowers who have signed up, weak results that could threaten the housing market's ...
Gov't aims to speed up 'short sales' with deadlines, documents, and $1,500 in moving costsThe Treasury Department unveiled sweeping rules this week to help financially troubled homeowners who need to sell but can't get a price high enough to pay off their ...

Washington to press banks on mortgage relief: report

WASHINGTON (Reuters) - The Treasury Department wants lenders and companies that process monthly mortgage payments to do more to rework troubled home mortgage loans and will announce new measures on Monday aimed at achieving that goal, a department spokeswoman said on Saturday.The ...
Obama housing plan reaches 20 pct of eligible borrowers; permanent mods next big challengeThe Obama administration's mortgage relief program has reached one in five eligible homeowners, a government report says, but most of those borrowers are on temporary trial plans that have ...

Citi beats forecasts with $101 mln profit

Struggling banking giant Citigroup topped expectations Thursday, posting a third-quarter profit of 101 million dollars.Because of special dividends required from a massive government bailout, the results amounted to a loss for shareholders of 27 cents per share. But that was better than ...

Obama urges action on health care reform

US President Barack Obama urged legislators on Saturday to act without delay on his proposed health care reform, saying inaction would see more Americans losing health care coverage. But now is the time for action," Obama said in his weekly radio address. ...

SMART STOPS On the Web

The article reviews several web sites including www.moneycrashers.com from finance author Erik Folgate, http: Visit the AICPA's Personal Financial Planning Center for PFP resources to get you started. Developed by the Employee Benefits Security Administration, this site's fiduciary adviser provides an overview ...
National Debt Relief ProgramStop Foreclosure With The Obama Loan Modification PlanThe Obama loan modification plan will offer a second chance for millions of homeowners stuck in unaffordable home loans. The standardized plan seeks to offer a way out of foreclosure for qualified ...
And more borrowers in good standing are likely to miss their mortgage payments as the recession claims more jobs.That's why some people have gone for a loan modification a permanent change in a mortgage that results in more affordable payments for the ...
For Comex gold the weekly chart profile stays negative with weekly closes below the five-week modified moving average at $937. Comex copper shifts to negative on its weekly chart, given a close on Friday below the five-week modified moving average at 220.75. ...