iOS app Android app

Resolution Trust Corporation

Large Bank To Sell Investments Backed By Loans In Default

The Huffington Post | Bonnie Kavoussi | Posted 11.16.2011 | Business

JPMorgan Chase is reaching back into the playbook, and the result could help the housing market hit bottom. The newly-minted largest bank in the c...

Banks Are Reluctant To Recognize Their Bad Deals

Jerry Chautin | Posted 05.25.2011 | Business
Jerry Chautin

Once again, lenders are making believe that defaulted-loan problems will go away if they wait long enough. Industry jokesters call it "extend-and-pretend."

Freddie Mac and Fannie Mae Must Marry, Shrink and Change

Jerry Chautin | Posted 05.25.2011 | Politics
Jerry Chautin

But the time is right to merge Fannie Mae and Freddie Mac and form three separate companies. That is the best way to lead the GSEs out of federal conservatorship and repay the taxpayers.

Banking: Transfer Toxic Assets to a New RTC

Jerry Chautin | Posted 05.25.2011 | Business
Jerry Chautin

These banks are not able to resume normal lending operations because they are not willing to dispose of their toxic assets at the current market values.

Adam Posen: A Financial Lesson From Japan's 'Lost Decade' Is Lost On Obama

Diane Tucker | Posted 05.25.2011 | World
Diane Tucker

On the eve of the G-20 economic summit in London, I spoke with Adam Posen, who wrote the book on the mistakes Japanese policy makers made during their lost decade.

Not So Fast On Mortgage Solutions

Washington Independent | Charles R. Morris | Posted 05.25.2011 | Business

A drumbeat is building for some form of federal takeover of troubled home mortgages. Sen. Chris Dodd (D-Conn.) is leading the charge in the Congress, ...