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: Loan Modification & Home Loan News

TARP Extension Does Little to Benefit Struggling Homeowners

By Evan Bedard

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WASHINGTON (Dow Jones)–Extending a controversial government bailout has brought little added benefit to struggling homeowners, small banks and securitization markets, an oversight report released Thursday suggests. Instead, extending the Troubled Asset Relief Program through October 2010 was a way to “extend the government’s implicit guarantee of the financial system,” the Congressional Oversight Panel said in [...]

Full post as published by Loan Modification & Home Loan News on September 16, 2010 (boomark / email).

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