Topic: James Lockhart
NEW YORK (Reuters) - American Home Mortgage Servicing, one of the largest servicers of subprime mortgages, is urging the U.S. Treasury to organize a plan to boost principal reductions for up to one million homeowners by unlocking loans from securities.The servicer ...
The article reports on the implication of the bond insurers' exposure to residential mortgage-backed securities (RMBS) for the bond market in the U.S. According to Standard Poor's Corp., exposures to vintage direct and indirect RMBS transactions have impaired the industry ...
The article reports on the insistency of the U.S. Senate Banking Committee leaders regarding the modification of the $700 billion bailout proposed by U.S. President George W. Bush's administration. Excerpt from Article: Senate OKs package that includes PABs for ...
The article reports on the guilty plea of former Jefferson County commissioner Mary Buckelew to one count of obstructing justice in connection with her involvement in the sewer bond deals on Alabama. Excerpt from Article: Senate OKs package that includes PABs for ...
The article reports on the $103.4 billion budget signed by Governor Arnold Schwarzenegger in California. One of the bills authorizes $509 million in new lease-revenue bonds. It also authorizes $136 million to build a new complex for death-sentence prisoners at the ...
I was particularly encouraged by the top executive compensation limits set forth in the Stimulus Plan, yet dismayed when they were eliminated or watered down. The Stimulus Plan passed by a 246-183 and a 60-38 margin in the House and Senate respectively ...
WASHINGTON (Reuters) - The former chief of Fannie Mae, the giant firm that dominates America's deeply troubled housing finance system, apologized and accepted responsibility on Friday for its failings."I was the CEO of the company and I accept responsibility for everything ...
If the financial history of the globe is a topic of interest to you Hank Paulson's new book, On The Brink is a must read. Tim Geithner and Ben Bernanke were central players in that part of our history, but after ...
Six people were wounded Sunday in a shooting ambush near US company Freeport McMoRan's massive gold and copper mine in Indonesia's eastern Papua region, police said.Three policemen and three mine workers were hurt in the ambush on a convoy ...
Distressed investment firm WL Ross & Co has hired the former director of the US regulator of finance companies Fannie Mae and Freddie Mac, James Lockhart, as vice chairman. Lockhart recently stepped down from his position at the Federal Housing Finance Agency (FHFA ...
Photo Gallery
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Asst Treasury Sec Kashkari Discusses New Mortgage Modification Program
WASHINGTON - NOVEMBER 11: Federal Housing Financial Agency Director James Lockhart listens during ...Getty Images - -
Meltdown Mortgages
Neel Kashkari, the Treasury Department's assistant secretary for financial stability, left ...AP News -
Video Gallery
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Church of St James Lockhart Old ...
Revisiting the ruins of the Church of St James, Lockhart ...2011-12-01 -
OK Sate Rep. James Lockhart Falls ...
This it what is wrong with politics: we are electing ...2011-08-05 -
Do the Jingle 4 - James Lockhart ...
Nashville, TN - James Lockhart & Abby Easley take a creative approach ...2011-10-23
