sponsors
rescue plan
You are browsing the rescue plan tag archive.
Changing the Financial Rescue Plan
The Bush administration dropped the centerpiece of its $700-billion financial rescue plan Wednesday, reflecting the remarkable extent to which senior government officials have been flying by the seat of their pants in dealing with the deepening economic crisis.
Treasury Secretary Henry M. Paulson said the administration would scrub plans to buy troubled mortgage-backed securities but continue to [...]
JPMorgan’s rescue plan
The bank will step up its efforts to offer mortgage modifications for borrowers at risk, institute an independent review process to eliminate all unnecessary foreclosures and hire and train more staff to handle the added caseload that the plan will generate.
Most important, it will not put any delinquent loans into the foreclosure process during the 90 [...]
Comments and Discussion