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Showing posts with label TARP. Show all posts
Showing posts with label TARP. Show all posts
Wednesday, April 24, 2013

March 2013: Cumulative Rate of Oregon Hardest Hit Housing Fund TARP Draw Downs Is Double National Average.

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A new SIGTARP report as of March 31st has been published HERE .  In prior post HERE , I provided a Dec 201 2 summary of Hardest Hit Housin...
Tuesday, January 10, 2012

New GAO Report on TARP Costs Says Costs Down, Big CBO/Treasury Differences Exist about Housing Costs.

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GAO report is HERE .  From the report:    In 2009, the Congressional Budget Office (CBO) estimated that TARP could cost $356 billion . Ho...
Wednesday, March 30, 2011

New CBO Report Puts TARP Costs at $19 Billion; Housing Programs at 68% of that Total.

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New CBO report is HERE . CBO estimates:  "... that the cost to the federal government of the TARP’s transactions (also referred to as t...
Tuesday, December 28, 2010

OHCS: Halfway into Application Cycle 4,300 Mortgage Payment Assistance Applications Completed, Another 3,400 in Process.

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At about the halfway point in the application cycle, OHCS staff have advised me that 4,300 unemployed or under employed home owners have com...
Sunday, December 26, 2010

FHA Short Refinance Program Continues to Under Perform.

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Data for November shows applications for the FHA Short Refinance program funded with TARP money continue to under perform. In my earlier pos...
Wednesday, December 8, 2010

HUD/FHA Now Projecting 96,875 Loans for Short Refinance Program; No Way Do I See That Happening.

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HUD has filed a new information collection request related to the FHA Short Refinance program with the Office of Management and Budget HERE ...
Monday, November 29, 2010

CBO Cost Estimate: TARP Costs Now Projected at $25 Billion, Far Below Frequently Cited $700 Billion.

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In a prior post in early October HERE I reported that Treasury was projecting that TARP costs would be $51 billion, far less than the $700 ...
Tuesday, November 23, 2010

FHA Short Refinance Program: 35 Applications Through October, Setting Stage for Possible TARP Fund Recapture?

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The FHA Short Refinance program for underwater borrowers was initially announced with some fanfare, and an allocation of up to $14 Billion i...
Tuesday, November 16, 2010

Analysis of TARP Financial Report for FY 2010: Less than 2% of $45.6 Billion Committed Had Been Spent as of October 1.

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Treasury has release the annual financial report for TARP for FY 2010.  Using data found on page 70 of the report (explanation of programs...
Wednesday, October 6, 2010

Treasury Says Housing Programs Represent 90% of Projected TARP Cost.

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In advance of a regular monthly statutorily required report on TARP progress the US Treasury published a PR piece detailing their positive ...
Tuesday, July 27, 2010

OMB Clears Notice on $14 Billion FHA Refinancing of "Underwater" Borrowers.

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The Administration had previously announced a program to be implemented by the fall that would allow FHA refinancing of some "underwate...
Thursday, May 6, 2010

Fannie and Freddie Projected Subsidy Costs: $370 Billion.

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Since you own 'em thought you might want to know. $312 billion of that projected subsidy cost is through FY 2010, so if 2011-2019 subsid...
Wednesday, April 14, 2010

Congressional TARP Oversight Panel April Report On Foreclosure Prevention Progress-Not Good.

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PR is HERE . ( Full Report and other links are in left pane of the PR) Originally created and posted on the Oregon Housing Blog .
Wednesday, September 2, 2009

Fannie/ Freddie Bail Out Costs for FY 2009: $291 Billion, More than Twice TARP Costs.

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Time's "Curious Capitalist" blog story HERE includes that figure, saying: In the budget projections it released last week, th...
Monday, March 9, 2009

House Financial Services Posts Congressional Oversight Panel Status Report on Foreclosure Crisis.

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Dated March 6th, it's posted HERE . (198 pages). This is Congressional mandated panel (includes Elizabeth Warren) required as part of TA...
Saturday, January 17, 2009

House Hearing: Priorities for TARP II.

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The House Financial Services held a hearing on January 13th on this subject. I created a PDF HERE with all of the witness testimony. (About...