The Congressional Oversight Panel expressed concern over whether FHA programs like and the forthcoming “short refi” initiative will make any progress in helping the housing recovery in a report released this week. The Obama administration in March announced a number of changes to its foreclosure mitigation efforts, including an FHA refinance option, which offers HAMP incentive payments to encourage...
Some SWFs in other countries have extensive ownership interests in major corporations and sweep much of their profits into state coffers.
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