Just how big of an issue are the GSEs' dwindling capital buffer and the FHFA's almost eight-year long conservatorship of Fannie Mae and Freddie Mac becoming?
Read More »Is the Government Being Secretive With Profit Sweep Documents?
A University of Virginia School of Law professor examines the possibility of the government asserting executive privilege by withholding documents related to the GSE Net Worth Sweep.
Read More »‘Hardest Hit’ Areas Get More Relief from Treasury
The Hardest Hit Fund (HHF) was created under the government's Troubled Asset Relief Program in 2010 to help the areas that were deemed to have been hit hardest by the financial crisis. How is the latest—and final—round of funding going to be disbursed?
Read More »Is Government’s Defense in Fairholme Suit Valid?
The government claimed in 2012 that the GSEs were financially weak. Newly unsealed depositions may contradict this, however.
Read More »Treasury Set to Fight MetLife Over ‘Too Big to Fail’ Removal
The decision to remove the "systemically important" designation from MetLife has been viewed as a victory for opponents of Dodd-Frank Wall Street reform. However, they should not be so quick to celebrate, according to Treasury Secretary Jacob Lew.
Read More »HAMP: Managing Higher Payments After Resets
Treasury has created a three-pronged safety net to help HAMP borrowers handle step-ups and avoid re-defaulting when their five-year modification expires.
Read More »Treasury Looks to the Future as HAMP Winds Down
What does Treasury have in place for the mortgage industry after HAMP expires on December 30, 2016?
Read More »Treasury Issues First Guidance on Termination of Making Home Affordable Program
The program was launched in February 2009 by the Obama Administration as a way to stabilize the housing market and help struggling homeowners avoid foreclosure.
Read More »Treasury: Recap and Release Not Happening
While a recent speech by FHFA Director Mel Watt has fueled speculation that Fannie Mae and Freddie Mac will be recapitalized and the conservatorship will end, Treasury said that no policy change is imminent.
Read More »Treasury to Provide More TARP Funds for Hardest Hit Communities
The latest allocation to the Hardest Hit Fund from the government's Troubled Asset Relief Program, which totals $2 billion, is the fifth round of HHF funding aimed at helping struggling homeowners and stabilizing neighborhoods.
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