Goldman was not only heavily exposed to AIG (unlike other firms, it got CDS guarantees on CDOs only from AIG, while other firms used monolines as well) but it also had a far better idea of total AIG exposures than any other bank. Our look into transaction-level detail suggests that of the AIG ABS CDO transactions on which we found counterparty.
Taking Stock: What Has the Troubled Asset Relief Program Achieved? : Congressional oversight panel december oversight report, also known as Congressional Oversight Panel December Oversight ReportTaking Stock by United States. Congressional Oversight Panel
2012: The year of a housing turnaround? · But in a surprising turnaround, Fannie Mae’s November National Housing Survey found that homeowners believe that their home value will rise 0.2 percent over the next year.
Contents Monitors..morgan stanley agrees lose billion Delinquent mortgages pdf payments automatically deducted special inspector general We’re committed to keeping our content free and accessible-meaning no paywalls or subscription fees-so if you like what we do, please consider becoming a SLANT patron:.
Source: Zerohedge Earlier we disclosed that finally someone with more than just 4 neurons is going to pursue Goldman; Reuters now confirms that indeed Neil Barofsky is on the case, and, unlike the SEC, may collaborate with the Department of Justice "to see if there are cases of fraud and if AIG and as a result, the American taxpayers, were victims of similar types of fraud."
Mortgage fraud rising most in low-downpayment loans Items Tagged with ‘High ltv loans’ rss. articles. mortgage fraud rising most in low-downpayment loans. CoreLogic: Today’s fraud takes "a lot of time" to uncover. September 22, 2016.The challenge of the ability-to-repay rule in 2014 The purpose of the exemptions is to facilitate consumer mortgage lending by smaller banks, and the rule is effective January 10, 2014. Congress enacted an ability-to-repay rule and created a category of mortgages – called Qualified Mortgages – in 2010 as part of the Dodd-Frank Act.
Risk of Asbestos Exposure, Illegal Dumping, and Contaminated Soil Found in Federal Blight. Taxpayer Complaints to Hotline Help SIGTARP Fight Fraud and Highlight Continuing. AIG Remains in TARP as TARP's Largest Investment.
SIGTARP: Taxpayers still exposed as AIG shrinks CDS portfolio At this point in September 2008, the US government rescued AIG, pouring in $173 billion of tax payers’ money. Even so, there remained a $1.6 trillion in potential liabilities that could be triggered by thousands of the credit default swap contracts, many of which would not expire.
Fannie Mae Cracks Down on Strategic Defaulters SIGTARP: Taxpayers still exposed as AIG shrinks CDS portfolio FHFA delays inevitable g-fee hike valuation partners adds denise neely as vice president Vice President – Northeast Region at Valuation Partners . Connect with Denise Neely, Clint Reinhardt and William fall. jason kitch vond dit.
Taxpayers are still owed more than half their original investment in American International Group [stock AIG][/stock] even as its non-insurance business operates without a consolidated banking.