4/28/2009 U.S. Department of Treasure Press Release:
Parallel Second Lien Program to Help Homeowners Achieve Greater Affordability
Integration of Hope for Homeowners to Help Underwater Borrowers
Regain Equity in their Homes
Read more on Obama Administration Announces New Details on Making Home Affordable Program…
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3/19/2009 U.S. Treasury Department Press Release:
Administration Launches New Consumer Website For Responsible Homeowners Seeking Relief
MakingHomeAffordable.gov Features Self Assessment Tools, Calculators
to Help Borrowers Determine Eligibility, Payment Reductions
under Administration's Refinancing and Loan Modification Program
Read more on New Consumer Website For Responsible Homeowners Seeking Relief…
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3/16/2009 United States Treasury Department Press Release:
Read Secretary Geithner's Remarks
View the Q&A for Small Business
The Obama Administration firmly believes that economic recovery will be driven in large part by America's small businesses, which have generated about 70 percent of net new jobs annually over the past decade. But as the flow of credit has dried up during this recession, small business owners who were prudent and responsible have been set back by the behavior of others in our financial system who were not. Businesses with strong credit histories have seen loan applications denied due to conditions that have nothing to do with their own actions and are now struggling to expand their businesses, make their payments or even keep workers on their payrolls. As a result, while the U.S. Small Business Administration (SBA) typically guarantees about $20 billion in loans annually, new lending is trending below $10 billion this year.
Read more on Unlocking Credit for Small Businesses Fact Sheet…
Filed under U.S. Department of the Treasury Releases by 1 Comment.
