Reuters - The Obama administration's much-maligned program to help struggling homeowners was not meant to keep homeownership at unsustainable levels, and foreclosures are inevitable, Treasury Secretary Timothy Geithner said on Tuesday.
AP - Treasury Secretary Timothy Geithner says the Obama administration will rate mortgage companies on how they treat customers in its $75 billion foreclosure relief effort.
Reuters - Treasury Secretary Timothy Geithner on Thursday slammed mortgage service companies for failing to do enough to help Americans avoid losing their homes and promised to crack down on shoddy practices.
AFP - US Treasury Secretary Timothy Geithner on Tuesday said moves to "fundamentally" reform government-backed mortgage giants Fannie Mae and Freddie Mac would have to wait for "a time of greater market stability."
Reuters - The U.S. mortgage finance system should be revamped, government guarantees should be clearly defined and risk priced accordingly, Treasury Secretary Timothy Geithner plans to tell Congress on Tuesday.
Reuters - The U.S. mortgage finance system should be revamped, government guarantees should be clearly defined and risk priced accordingly, Treasury Secretary Timothy Geithner plans to tell Congress on Tuesday.
AP - Treasury Secretary Timothy Geithner says the economic recovery "could be a little choppy" and it's going to take a while.
AP - Treasury Secretary Timothy Geithner says the economic recovery "could be a little choppy" and it's going to take a while.
AP - Treasury Secretary Timothy Geithner said he sees positive signs that the economy is recovering, although the recession remains "alive and acute" for families dealing with unemployment and facing home foreclosure.
AFP - The United States unveiled Monday a new plan to boost the beleaguered housing market, helping support low mortgage rates and expanding resources for cash strapped borrowers to own or rent homes.
Tuesday, June 22, 2010
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