Word: bankses
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
At first blush, the notion seems like a win-win-win. Former homeowners get to stay in their houses; even if a mortgage payment isn't affordable, market rent may be. Neighborhoods ostensibly benefit too, since it's safer - and better for property prices - when blocks aren't full of...
Now, none of that means rent-backs won't eventually take off. There are plenty of examples in the recent past of housing policies starting at the federal housing agencies and later expanding industry-wide thanks to strong-arming from some combination of the Obama Administration and Congress. Loan modifications...
Meanwhile, the Fort Hood community does what it has had to do all too often: mourn the dead, minister to the living. At least 545 soldiers from Fort Hood have died in Iraq and Afghanistan; now 13 more are gone, ranging in age from 19 to 62. One victim was...
“Of course, with the taxpayers owning the largest banks, it’s hard to tell the difference between jobs in government and jobs in finance,” Chun quipped.
As for the worst-case scenario, Dodd wants the SEC and FDIC to continue to have the power to dissolve failed banks, while the Administration would give power over big banks to the Federal Reserve. Dodd will also unveil new rules for over-the-counter-derivatives trading, whereas Frank has...