Loan Modification

Wells Fargo Announces It Will Repay $25 Billion TARP Money
Wells Fargo joins the TARP exodus. It announced yesterday that it will repay the $25 billion government investment in part through a $10.4 billion common stock offering.

THE HILL: TARP watchdog blasts Obama housing program. Neil Barofsky, the special inspector genera
THE HILL: TARP watchdog blasts Obama housing program. “Neil Barofsky, the special inspector general over the $700 billion financial rescue package, slammed the administration’s housing program for having ill-defined metrics and for helping far fewer homeowners than originally proposed...

Why Banks Are Re-Paying TARP Money
According to one author, the sudden desire to re-pay TARP money is all about the money baby.  ?In October, Feinberg issued compensation guidelines for the companies receiving special assistance, including Citi and Bank of America...

Investment Banks Use Bailout Money for Executive Pay
Goldman Sachs will pay $12.4 billion in executive bonuses after receiving $12.5 billion in bailout funds from TARP. Morgan Stanley and Merrill Lynch will pay another $8 billion in bonuses and Citigroup will pay $26 billion...

Fed: TARP Money is the Best Kind of Money
The Fed's fast-tracking of TARP money as tier 1 capital - that is, the money valued at 100% of its...

TARP money to settle shareholder class actions
Freelance journalist Dan Slater in the NYT's "Dealbook" (via Above the Law) spies a "bailout for the plaintiff's bar": ...settlements resulting from the scores of shareholder suits against TARP entities will stretch into the stratosphere...

Fair Housing Act
Prevent discrimination by landlords

Emergency Economic Stabilization Act of 2008
Bailout Bill HR124

Money Mart Canada
Settles Class Action for $100 Million

US Settles Indian Lawsuit for $3.4 Billion
US Government Settles Indian Lawsuit for $3.4 Billion

Treasurer Embezzlement
Mary Lou Puccio repays Warren Cheer and Pom Program $26,000 after stealing money.

KB Home and Countrywide Financial Corp.
allegedly conspired with appraisers to boost housing prices as the market crashed.

Apartment Appointment
Pine Properties Inc. pays $158,000 housing discrimination settlement.

Disability Access
Developers pay $175,000 settlement for failing to comply with the Fair Housing Act.