Fannie and Freddie are pushing mortgages back to these large financial institutions because they say that the mortgages that were sold to Fannie and Freddie were not of the quality...
I am sorry, Mr. Secretary. Just so we are all clear on this, the numbers about concentrations of commercial real estate come from the banks'...
Our latest reports have covered a great deal of territory from the Government's interventions in specific companies such as GMAC and AIG.
The financial problems of these banks are straining their ability to lend to small businesses that might otherwise be driving the economic r...
I think your point about the accomplishments of TARP are quite significant and your emphasis on the importance of a stable, functional finan...
The question is HAMP is designed to deal with families facing foreclosure.
Do you have any concerns about what this means? Now we are doing commercial real estate. Now we are moving on to second mortgages?
I was surprised by your answer to Dr. Troske about the metric for success on the home mortgage foreclosure program.
You designed it around servicers who--I wrote it down when you said it. Servicers have done a terrible job.
Is that a successful program?
I have a feeling I am going to hear the same answer, but let me just try it again with second liens.