“Late to arrive in the Northeast, the foreclosure crisis has swept through the New York region at an explosive pace in the past two years, destroying billions of dollars in housing wealth, according to a New York Times analysis of foreclosures filed since 2005 and federal mortgage data.”
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Daily Archives: May 15, 2009
New GAO Reports: Congressional Award Foundation, Military Housing Privatization
Financial Audit: Congressional Award Foundation’s Fiscal Years 2008 and 2007 Financial Statements, GAO-09-652, May 15, 2009 Military Housing Privatization: DOD Faces New Challenges Due to Significant Growth at Some Installations and Recent Turmoil in the Financial Markets, GAO-09-352, May 15, 2009 Continue Reading
Treasury Releases March Monthly Bank Lending Survey
News release: “The U.S. Department of the Treasury today released results from its monthly bank lending survey for March with data from the top 21 recipients of government investments through the Capital Purchase Program (CPP). Overall, balance sheets continued to contract. Outstanding loan balances at these banks slipped 1 percent in March. The survey also… Continue Reading
FTC: Judge Orders Halt to Illegal Robocalls Selling Deceptive Warranties
Follow up to May 14, 2009 posting, FTC Files Suit to Stop Illegal Robocalls Pushing Vehicle Warranty Extensions” – “Today Judge John F. Grady of the United States District Court for the Northern District of Illinois issued a temporary restraining order stopping telemarketing company Voice Touch, Inc., its principals James and Maureen Dunne, its business… Continue Reading
