Wednesday 4th December
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Former SIGTARP Neil Barofsky – The Last Honest Man in Washington – A Mandelman Matters Podcast
Written on 14 Sep, 2012 at 11:25
Settle in and get ready to hear the real inside scoop on how Washington works and too often doesn't. It may cause vomiting and probably shouldn't be listened to if you have a heart condition... I'm really not sure.... (Continue reading)
It’s a Matter of Principal – HAMP’s New PRA
Written on 6 Aug, 2010 at 7:31
And NPV 4.0 is what drives the PRA, which is a "deferred principal reduction program" that allows the homeowner to earn a principal reduction over a three-year timeframe by making all payments in accordance with the loan's modified terms. According... (Continue reading)
Barofsky’s Report: Taxpayer Support for Financial Sector Now $3.7 Trillion
Written on 24 Jul, 2010 at 5:47
Taxpayer support for the financial system grew by $700 billion last year, and has now reached roughly $3.7 trillion, including TARP, Federal Reserve programs, asset guarantees and federal bank deposit insurance, among other commitments. ... (Continue reading)