Word: receivee
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Without incentives, loan modifications would not get done. "The programs are well behind where the government thought they would be at this point in time, and part of [the reason] is probably the amount of remuneration that these entities receive on a per loan basis," he says.
About two dozen firms that led the country into the subprime debacle are now lined up to receive billions of taxpayer dollars through a federal program aimed at stemming foreclosures, according to a report released Wednesday, Aug. 26.
The list of firms expected to get HAMP subsidies reads like a Who's Who of major subprime lenders and loan servicers, including financial institutions that have already received big bucks in the government's bank bailout. Countrywide, which is now owned by Bank of America and was one of...
One of Kennedy's first forays into Northern Irish politics was to lend his support to the Northern Ireland Civil Rights Association. The campaign in the late 1960s and early '70s called for an end to discrimination against Catholics in housing and employment and was closely associated with Derry. After...
Never mind that no one has actually proposed any such plan for the U.S. President Obama has talked about whether it made sense for his dying grandmother to receive a hip replacement. Kennedy himself observed that he never needed to worry about his coverage - "I have enjoyed the best medical...