HAMP: About Two-Thirds of Eligible Trial Mods Declined for Permanent

Calculated Risk: From Treasury: Administration Releases February Loan Modification Report Click on graph for larger image in new window. Over 168,000 modifications are now permanent. 88,663 trial modificatons have been cancelled (and another 1,499 permanent mods cancelled). Here is the report. See here for a list of reports. Lets see: there were 553,051 cumulative HAMP … Read more

Watch It Die – The Toxic Asset that Planet Money Bought

by CalculatedRisk on 3/12/2010 04:16:00 PM Earlier I linked to this podcast from Planet Money: We Bought A Toxic Asset! And the story is here: We Bought A Toxic Asset; You Can Watch It Die. And here is a PDF with the details of the bond (ht daddyo, based on details in story). There are … Read more