Department of the Treasury
Latest Posts
IndyMac Probe Uncovers Backdated Cash Infusion
Dec 23, 2008The Office of Thrift Supervision just might need some supervision for itself. The Treasury Department’s independent investigator revealed Monday that OTS allowed IndyMac Bancorp, formerly one of the nation’s largest Alt-A mortgage lenders, to backdate an $18 million capital infusion to maintain its status as a “well-capitalized” institution — hence, escaping regulatory restrictions — just two months before the bank’s collapse in July.
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As Refis Swell, Is There Enough Warehouse Credit?
Dec 22, 2008 -
Bernanke: Housing Recovery Requires Taxpayer Dollars
Dec 05, 2008 -
GAO on TARP: Critical Gaps Need Mending
Dec 03, 2008 -
Calif. Lawmaker Still Rallying Foreclosure Prevention Legislation
Dec 01, 2008 -
Kashkari: Healthy Banks Will Play Key Role in Market Stabilization
Nov 14, 2008 -
Government Takover of Fannie, Freddie Hasn’t Worked
Oct 29, 2008 -
New York Mellon Named Custodian for TARP
Oct 15, 2008 -
Treasury Rolls Out $250 Billion Capital Purchase Plan
Oct 14, 2008 -
Fannie, Freddie to Purchase “Under-Performing” Mortgage Bonds
Oct 13, 2008
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