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Daily Archives: March 4, 2009

International Women's Day 2009

OECD: “Every year, the 8th of March marks a major day of global celebration for the economic, political and social achievements of women – and offers an occasion to present the work of the Development Centre in the area of gender equality.” “The new and improved Gender, Institutions and Development Database 2009 will offer latest… Continue Reading

Brookings: Regulating Insurance After the Crisis

Regulating Insurance After the Crisis, Robert E. Litan, Senior Fellow, Economic Studies, The Brookings Institution, March 4, 2009 “Despite a long-standing policy debate, insurance remains the only major financial industry not to be regulated at the federal level, a tradition dating from the 19th century. However, recent financial turmoil has fundamentally changed the terms of… Continue Reading

New DHS OIG Reports on Customs and Border Protection, Coast Guard

OIG-09-28 – Independent Review of the Customs and Border Protection’s Reporting of FY 2008 Drug Control Obligations, February 2009 OIG-09-27 – Independent Review of the U.S. Coast Guard’s Reporting of the FY 2008 Drug Control Performance Summary Report, February 2009 OIG-09-26 – Independent Review of the U.S. Coast Guard’s Reporting of FY 2008 Drug Control… Continue Reading

Mortgage Loan Delinquency Rates Rise for Eighth Straight Quarter

News release: “TransUnion.com released today the results of its analysis of trends in the mortgage industry for the fourth quarter of 2008 and the associated impact on the U.S. consumer. The report is part of an ongoing series of quarterly consumer lending sector analyses focusing on credit card, auto loan and mortgage data..Information for this… Continue Reading

New GAO Reports: Immigration Enforcement, DOE Contract Management

Immigration Enforcement: Better Controls Needed over Program Authorizing State and Local Enforcement of Federal Immigration Laws, GAO-09-109, January 30, 2009 Department of Energy: Contract and Project Management Concerns at the National Nuclear Security Administration and Office Of Environmental Management, GAO-09-406T, March 04, 2009 Immigration Enforcement: Controls over Program Authorizing State and Local Enforcement of Federal… Continue Reading

Treasury Announces Requirements for the Making Home Affordable Program

News release: “On March 4th, The Obama Administration announced new U.S. Department of the Treasury guidelines to enable servicers to begin modifications of eligible mortgages under the Administration’s Homeowner Affordability and Stability Plan – announced by President Barack Obama just two weeks ago. The release of detailed requirements for the “Making Home Affordable” program facilitates… Continue Reading

Federal Reserve Bank Beige Book

“Reports from the twelve Federal Reserve Districts suggest that national economic conditions deteriorated further during the reporting period of January through late February. Ten of the twelve reports indicated weaker conditions or declines in economic activity; the exceptions were Philadelphia and Chicago, which reported that their regional economies “remained weak.” The deterioration was broad based,… Continue Reading