Treasury Department will rate lenders participating in mortgage modification plan – Washington Examiner
WASHINGTON — Treasury Secretary Timothy Geithner says the Obama administration will rate mortgage companies on how they treat customers in its $75 billion foreclosure relief effort. The new report will include measurements how each is handling borrowers and is expected by July, Geithner told
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More Mortgage Stuff:
The Obama administration is promising to move quickly to simplify the paperwork consumers receive when taking out a home mortgage. Obama adviser Elizabeth Warren and Treasury Secretary Timothy Geithner said Tuesday that the administration was committed to … Go to Source…
U.S. Treasury Secretary Timothy Geithner tells CNBC what the Obama administration has proposed to cut the government’s role in the mortgage market. (CNBC) Go to Source…
U.S. Treasury Secretary Timothy Geithner tells CNBC what the Obama administration has proposed to cut the government’s role in the mortgage market. (CNBC) Go to Source…
U.S. Treasury Secretary Timothy Geithner tells CNBC what the Obama administration has proposed to cut the government’s role in the mortgage market. (CNBC) Go to Source…
Treasury Secretary Timothy Geithner urged members of a House committee yesterday to overhaul the mortgage finance system, including Fannie Mae and Freddie Mac. The Obama Administration recently offered several options on how to deal with Fannie and Freddie … Go to Source…
Jan. 6 (Bloomberg) — Treasury Secretary Timothy F. Geithner and federal regulators need to fix the mortgage foreclosure process so that it doesn’t derail the economic recovery, Senator Jack Reed and 16 other senators wrote in a letter yesterday … Go to Source…
The Obama administration is facing criticism on Capitol Hill for failing to overhaul the U.S. mortgage market. In a testy exchange at a Senate Banking Committee hearing on Tuesday, Sen. Bob Corker (R., Tenn.) upbraided Deputy Treasury Secretary … Go to Source…
Treasury Secretary Timothy Geithner said Thursday it’s “deeply unfair” that some financial institutions that got taxpayer-paid bailouts are emerging in better shape from the recession than millions of ordinary Americans. U.S. mortgage rates rose for … Go to Source…
Treasury Secretary Timothy Geithner pledged ‘fundamental change’ to the structure of mortgage giants Fannie Mae and Freddie Mac, which profited tremendously during good times but burdened taxpayers with losses when the housing market went bust. (Aug. 17) Go to Source…
WASHINGTON – Homeowners seeking relief under the Obama administration’s mortgage aid program will be required to provide proof of their incomes upfront, a significant reversal for the problem-plagued effort to stem the foreclosure crisis. Borrowers … Go to Source…
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