The Treasury Department and IRS announced on Thursday that they are delaying restrictions on which electric vehicles can be eligible for tax credits under Democrats’ climate and tax bill from earlier ...
The Federal Housing Administration actuarial report to Congress, expected this week, may show the need to tap Treasury to bulk up reserves to cover rising mortgage delinquencies. The potential draw is ...
Freddie Mac posted net income of $3 billion for the second quarter of 2012, up from $577 million in the first quarter. The income boost came as the firm saw its provision for credit losses decline by ...
The Federal Housing Administration (FHA) notified Congress this morning that, as had been rumored earlier in the week, it will need to draw on its borrowing authority from the U.S. Treasury. In a ...
Freddie Mac announced this morning that it will not require any infusion of cash from the U.S. Treasury following its profitable second quarter operations. The company will also pay $1.8 billion to ...
WASHINGTON (AP) -- A federal housing agency said Friday it needs a $1.7 billion bailout from the Treasury to cover projected losses in its reverse mortgage programs which allow seniors to borrow ...