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Resolution Trust Corporation

Large Bank To Sell Investments Backed By Loans In Default

The Huffington Post | Bonnie Kavoussi | Posted 11.16.2011 | Business
Read More: JPMorgan Chase, Savings and Loan Crisis, Video, Wall Street, Default, Loans, Financial Crisis, Mortgage-Backed Securities, Resolution Trust Corporation, Mbs, Loans in Default, Financial News, Business News

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...

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Banks Are Reluctant To Recognize Their Bad Deals

Jerry Chautin | Posted 05.25.2011 | Business
Read More: Tampa Bay, Occ, Banks, Distressed Assets, Naa, Apartments, Owners, Office of Comptroller of the Currency, Rtc, Office Buildings, Business News, Shopping Centers, Resolution Trust Corporation, Commercial Real Estate, Bank Regulators, Savings and Loans, Naiop, Icsc, Boma, Business News
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."

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Freddie Mac and Fannie Mae Must Marry, Shrink and Change

Jerry Chautin | Posted 05.25.2011 | Politics
Read More: Insuring Mortgages, Hud, Affordable Housing, Bill Seidman, Tainted Assets, Foreclosed Real Estate, Mortgage Bonds, Obama Administration, Low and Moderate Income, Real Estate, Sen. John MacCain, Federal Housing Administration, Loans, Multifamily Loans, GSE Amendment, Rtc, Higher Loan Amounts, Mortgage-Backed Securities, Business News, Treasury, Resolution Trust Corporation, Home Loans, One to Four Family Loans, Fha, Sen. Richard Shelby, Government Bailout, Five or More Family Loans, Apartment Financing, FDIC. President George H.W. Bush, Federal National Mortgage Association, Federal Home Mortgage Corporation, Guarantying Mortgages, Fannie Mae, Congress, Democrats, Gses, Single Family Loans, Freddie Mac, Federal Deposit Insurance Corporation, Department of Housing and Urban Development, Guarantying Bonds, Rental Apartment Loans, Lending Programs, Sen. Judd Gregg, Economic Recovery, Republicans, Scrutinizing Mortgages, Politics News
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.

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Banking: Transfer Toxic Assets to a New RTC

Jerry Chautin | Posted 05.25.2011 | Business
Read More: Fdic, Politicians, S&L Crisis, Rtc, President Obama, Banking Crisis, Economic Recovery, Resolution Trust Corporation, Toxic Assets Plan, Financial Institutions, Business News
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.

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

Diane Tucker | Posted 05.25.2011 | World
Read More: Savings and Loan Crisis, Adam Posen, Economic Crisis, President Obama, Diane Tucker, Recession, Global Financial Crisis, Japan Recession, G-20 Summit, Economic Stimulus Package, U.S. Financial Crisis, Japan's Lost Decade, Tim Geithner, Recession Fears, Global Recession Fears, Peterson Institute for International Economics, Resolution Trust Corporation, House Financial Services Committee, Rick Wagoner, Auto Bailout, General Motors, Japan, G-20, World News
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.

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Not So Fast On Mortgage Solutions

Washington Independent | Charles R. Morris | Posted 05.25.2011 | Business
Read More: Credit Crisis, HOme Owners Loan Corporation, Subprime Mortgage Crisis, RTC, Home Mortgages, Mortgage Solution, Recession, Chris Dodd, Ben Bernanke, Subprime Mortgages, Resolution Trust Corporation, Holc, Credit Crunch, Mortgage Sellers, Business News

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, ...

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