WASHINGTON — The United States has never defaulted on its debt and Democrats and Republicans say they don’t want it to happen now. But with partisan acrimony running at fever pitch, and Democrats and Republicans so far apart on how to tame …
Tag: Default
WASHINGTON — The United States has never defaulted on its debt and Democrats and Republicans say they don’t want it to happen now. But with partisan acrimony running at fever pitch, and Democrats and Republicans so far apart on how to …
A new report from JPMorgan explodes the myth that a technical default by the US Treasury — a couple of missed coupon payments — would be no big deal.Read More…
Last year’s robo-signing scandals delayed tens of thousands of foreclosures in the 23 states where the process is handled in court. A new controversy could complicate foreclosures in the other 27 states.Read More…
More on F…
A federal watchdog reported Monday that the Obama administration’s signature anti-foreclosure program sometimes causes people to lose their homes to foreclosure — a conclusion that had already been reached by some homeowners and their advoc…
