Keyword: TARP
Fannie and Freddie shoveling funds into Wall Street?
Economist Barry Ritholtz reminds us in the video above of the continuing importance of watching Fannie Mae and Freddie Mac. The housing and economic crisis continues and in its wake, Fannie and Freddie are shoveling cash directly into Wall Street in what Ritholtz calls the “perfect bailout.” The Treasury gave Fannie/Freddie a “blank check” allowing them autonomy with finances (even ...
Tax credit dying, let’s celebrate the good news [OPINION]
Stop crying already! Yes (for the umpteenth time), the $8,000 tax credit is ending this week and it’s a blessing sent from above. Why do I say this? Not just because the country has been hanging from the teet of the federal government since the great crash, but because it has allowed the lending world to become dependent and outside ...
OMG! WTH do all these FLA’s (4 letter acronyms) MEAN?
HAMP, HARP, TARP, TAMP, H4H …. If you think they all seem to do the same thing, you’re not too far off. Here’s a little decoding: The Bush Housing Plan: H4H = Hope for Homeowners Unveiled by Bush Administration in July 2008, ends September 30, 2011. The program – is available only to owner occupants and offers 30-year fixed rate ...
Fannie and Freddie shoveling funds into Wall Street?
Economist Barry Ritholtz reminds us in the video above of the continuing importance of watching Fannie Mae and Freddie Mac. The housing and economic crisis continues and in its wake, Fannie and Freddie are shoveling cash directly into Wall Street in what Ritholtz calls the “perfect bailout.” The Treasury gave Fannie/Freddie a “blank check” allowing them autonomy with finances (even ...
Tax credit dying, let’s celebrate the good news [OPINION]
Stop crying already! Yes (for the umpteenth time), the $8,000 tax credit is ending this week and it’s a blessing sent from above. Why do I say this? Not just because the country has been hanging from the teet of the federal government since the great crash, but because it has allowed the lending world to become dependent and outside ...
OMG! WTH do all these FLA’s (4 letter acronyms) MEAN?
HAMP, HARP, TARP, TAMP, H4H …. If you think they all seem to do the same thing, you’re not too far off. Here’s a little decoding: The Bush Housing Plan: H4H = Hope for Homeowners Unveiled by Bush Administration in July 2008, ends September 30, 2011. The program – is available only to owner occupants and offers 30-year fixed rate ...













