Posts Tagged ‘Assistant Treasury Secretary Herbert Allison’

What Shall We Tell Our Children, Mr. President?

Written on 27 Oct, 2011 at 9:19

What shall we tell the children, Mr. President? How can we tell them the truth? How can we tell them we've lost faith in America... that our government has abandoned us... that we no longer feel like a... (Continue reading)

AMERICA LOST: Treasury’s meetings with bloggers tells a story that I didn’t want to hear.

Written on 30 Aug, 2010 at 10:34

It made me sad to know what Treasury Department officials had said about the foreclosure crisis and HAMP... very, very sad. In fact, I can't think of another time in history when my government acted as these guys have... (Continue reading)

Tagged with: Assistant Treasury Secretary Herbert Allison Assistant Treasury Secretary Michael Barr bank of america CDOs citibank credit default swaps danny schechter double dip economic recession elizabeth warren FDIC Chair Sheila Bair Federal Reserve Chairman Ben Bernanke foreclosure crisis foreclosure defense foreclosures Goldman Sachs HAFA HAMP Huffington Post Indymac bank jamie dimon larry summers lloyd blankfein loan modifications making home affordable mandelman matters martin andelman MERS mfi-miami ml-implode mortgage backed securities NACA Neil Barofsky one west bank Organizing for America plunder president obama produce the note Richard Zombeck' shame the banks SIGTARP steve dibert sub-prime borrowers TARP the great recession Treasury Secretary Tim Geithner US Treasury wells fargo wells fargo bank

House Hearings to Answer Question: Are Loan Servicers Honoring Their Commitments to Help Preserve Homeownership?

Written on 6 Jul, 2010 at 11:06

Everything's going just fine. There are no real problems with HAMP or with the servicers who are implementing HAMP. Oh sure, there have been a few challenges, but most of them have been caused by the borrowers who... (Continue reading)

Tagged with: Assistant Treasury Secretary Herbert Allison bank of america Barbara Desoer BP citibank citimortgage countrywide David Friedman David Lowman double dip economic recovery economy Edward Pinto Fannie Mae FHA HAMP FHFA foreclosures Freddie Mac GAO george soros Gulf of Mexico HAMP HAMP guidelines hamp performance HAMP report Indymac bank jamie dimon John Mack john stumpf jpmorgan chase lloyd blankfein loan modifications loan servicers Making Home Affordable Plan mandelman matters martin andelman ml-implode Michael dell Michael Heid obama one west bank re-default risk recession Sanjiv Das Treasury Secretary Tim Geithner trial modifications trial period plans US Treasury vikram pandit Wachovia wells fargo bank

Did I say HELP? I didn’t mean help. I meant OFFER to HELP. Or talk about helping. It depends on your definition of HELP.

Written on 24 Mar, 2010 at 23:53

When Obama introduced Making Home Affordable he claimed that the program would help 3-4 million homeowners, but as it turns out, the program has at best helped... and I use the term "helped" very loosely... about 170,000 homeowners to-date. ... (Continue reading)