WASHINGTON: Investors could sell up to $15 billion (€10.08 billion) of troubled mortgages to the government under a plan key House members are discussing to bolster the U.S. housing market.
The tentative plan would allow the ...
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, credit crunch, mortgage bailout, treasury February 27th, 2008
WASHINGTON (Reuters) - The U.S. Treasury Department is studying a new regulatory proposal aimed at prodding servicers to help homeowners facing foreclosure to refinance their mortgages, the department's undersecretary, Bob Steel, said on Thursday.
The program ...
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NEW YORK (Reuters) - The U.S. government is right to protect and nurture the housing market during the current crisis, but now is not the time to create a federal backstop for falling property values, ...
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