-
Financially ‘Low-Risk’ Borrowers Will Now Pay Higher Mortgage Fees In The Name Of ‘Equity’
01 May 2023 15:59 GMT
… borrowers. Or, as Barack Obama more colloquially put it, FHFA … from the taxpayer-funded bailout of Fannie and Freddie … are paying more for their mortgages. By contrast, borrowers with … American Enterprise Institute data on mortgages taken out just before …
-
"Don't call it a bailout": Washington is haunted by 2008 financial crisis
14 Mar 2023 19:30 GMT
… in generations, President Barack Obama declared, "There will … utter the word "bailout."
Washington remains haunted … economic stimulus package that Obama assigned Biden to manage … , the federally backed home mortgage companies, brought the total …
-
Don’t Call It a Bailout: Washington Is Haunted by the 2008 Financial Crisis
14 Mar 2023 09:07 GMT
… in generations, President Barack Obama declared, “There will be … to utter the word “bailout.”
Washington remains haunted by … and continued under Mr. Obama arguably saved the global economy … , the federally backed home mortgage companies, brought the total …
-
The bailout of Silicon Valley Bank and the historic crisis of capitalism
14 Mar 2023 05:11 GMT
… government then organized a bailout for the banks running … systems organised by the Obama administration with the collaboration … of Treasury bonds and mortgage-backed securities. Instead of … in Treasury bonds and mortgage-backed securities, supposedly ultra …
-
Biden fights a risky contagion: Use of the word ‘bailout’
13 Mar 2023 15:47 GMT
… average Americans who assumed iffy mortgages, and you see why … the bailout effort than Republicans (thanks in part to Obama’s … rhetoric that included anti-bailout language. Trump repeatedly framed … statement that repeatedly denied a bailout was underway.
“No …
-
No Bailout For Collapsed Silicon Valley Bank, Yellen Says
12 Mar 2023 15:57 GMT
… that there would be no bailout for the collapsed Silicon … would be no federal bailout for the major tech … W. Bush and Barack Obama previously introduced government bailouts for … institutions were overexposed to subprime mortgages.
Ben Zeisloft contributed to …
-
Pollak: Biden's Student Loan Bailout Adds Insult to Working-class Injury
24 Aug 2022 13:06 GMT
President Joe Biden is set to announce student loan forgiveness of $10,000 — and perhaps more — for lower-income debtors on Wednesday, in a move that is unconstitutional, unfair, and dangerous for the stability of our economy and our democracy.
There is no …
-
Bush, Obama and a view of bipartisan problem-solving
28 Dec 2021 05:36 GMT
… W. Bush and Barack Obama demonstrated unusual “civic friendship … uncharted political territory as mortgage defaults shredded the … investment houses and a bailout of the automobile industry … , congressional leaders and Obama to assess potential solutions …
-
Obama faced a swift Tea Party backlash — here's why Biden has avoided it so far
01 May 2021 06:32 GMT
… in stark contrast to Obama.
The circumstances of the … key to understand. Like Obama, Biden took over … any particular policy position.
Obama's predecessor, … bailout. The bailout of financial institutions that had heavily invested in subprime mortgages …
-
Obama the pretender
24 Nov 2020 16:27 GMT
… explain Obama's different approaches to the bank bailout … programs, the Home Assistance Mortgage Program (HAMP) and the … "reduce the monthly mortgage payments of eligible homeowners to … into foreclosure by corrupt mortgage servicers (who went largely …