Faced with regulator pressure to secure $10bn in fresh capital, Citigroup [stock C][/stock] is considering some creative pay alternatives for its employees. It's also considering forcing shareholders to step up to the fund-raising initiative.
A report released yesterday by Moody's Investors Service found that early defaults on the 2007 mortgage vintage are worse than what was seen one year ago, pointing to extended problems for the mortgage market.
HUD’s objectives are sometimes distributed by factors ranging from politics, socio-economic disparities and even natural disasters. When American homeowners fall victim to any of these elements, HUD is not only there to offer a helping hand, but often serves as the tool that leads to recovery.