The number of homeowners in ongoing mortgage modifications could start shrinking in several months if current trends continue, according to a ProPublica analysis of Treasury Department data.
The short-term benefit investment in transportation is the creation of millions of good jobs. The long-term benefit is ensuring that America remains competitive in a global economy.
One year ago, homeowners from California, Missouri and Massachusetts marched into the U.S. Treasury and handed officials a foot-high stack of documents from 150 families trying to save their homes.
The belated recognition that millions of mortgages are inadequately documented could be a blessing in disguise if it leads to stronger policy medicine both to clean up the banks and to help distressed homeowners.
Recent news of blatant fraud on the part of mortgage lenders and servicers has offered proof that homeowner activists' actions have not been in vain.
The American public is losing countless homes due to non-compliance in procedures and incorrect answers being given to homeowners. You must be your own best advocate and question authority.
For a decade, Wall Street was playing funny money games, and many Americans also felt like they were invited to the celebration. We were living in fantasy land, but the fantasy is over and we woke up to a nightmare.
Social Security is in surplus until 2037. Yet the idea that the road to recovery leads through cuts in Social Security, Medicare, and other social outlays that are keeping the depression from worsening, if anything, is gaining traction among opinion elites.
I've been reading Maria Bartiromo's new book, The Weekend That Changed Wall Street. A better title might have been "The Weekend that Changed the World." It was America's chance to bottom out. We didn't.
The only real strategy a homeowner has is to apply for a loan modification using the same strategy the banks, servicers, and apparently the Administration, and Treasury have used against them.
The bloggers who attended briefings from a "senior Treasury Department official" last week have interpreted the concept of "deep background" in several different ways.
While the Treasury Department found hundreds of billions of dollars to rescue giant Wall Street institutions, it refused to come up with the $75 million for which Chicago's ShoreBank qualified under the TARP program.
It's time for the IRS to get serious about the practice of employee misclassification, which will continue to add billions in tax losses if left unchecked.
According to a recent article in HuffPo by Shahien Nasiripour, "Treasury claims that Fannie Mae, which administers its Home Affordable Modification Pr...
The best possible antidote to the perception that the Administration has favored Wall Street over Main Street would be the appointment of Elizabeth Warren.
We need an antidote to end the plague of joblessness and that solution rests with helping America's struggling small and mid-sized businesses. America's future depends on it.