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Timothy Geithner – Banks have Enough Capital

Treasury Secretary Timothy Geithner was speaking at the TARP’s Congressional Oversign Panel on Tuesday. Continue reading Timothy Geithner – Banks have Enough Capital

The Making Home Affordable Program is on!

Homeonwers are now starting to ask questions regarding the government’s Making Home Affordable program. This program is designed to allow eligible borrowers to refinance their high-interest mortagages for better terms. Continue reading The Making Home Affordable Program is on!

Citibank Mortgage TARP Money

Citigroup has disclosed where $45 billion that the Treasury department paid for it is to be used. Continue reading Citibank Mortgage TARP Money

Congress TARP Overview Draft

If you want to view the whole TARP overview draft, there is a scribd document uploaded  here:

Four banks repay TARP Funds

Signature Bank of New York said on Tuesday that it had repaid $120 million to the Treasury Department. Old National Bancorp of Indiana returned $100 million, Iberiabank of Louisiana paid back $90 million, and Bank of Marin Bancorp of Novato, Calif., repaid $28 million. All of the banks paid 5 percent interest on the money they had received.
Continue reading Four banks repay TARP Funds

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Latest from the News

Read the news carefully today. You never know what you're gonna get. For recommended reading materials on mortgages and refinance aspects and how to fix your deeds or just plain news on real estate, check out the new york times online. It's a very good source of information.