SAN FRANCISCO (CN) – Individual survey answers from California’s trial courts in response to a state audit reveal a deep well of anger among trial judges over the use of money by the judiciary’s administrative agency, even as the agency moved last week against a bill returning fiscal power to the trial courts. View full [...]
The Obama government on Monday said it is geared up for fiscal reforms after rating agency Standard & Poor’s threatened to downgrade the country’s AAA credit rating unless it found… View full post on All Stories
SPRINGFIELD, Mo. — Income tax return refund anticipation loans could soon become a thing of the past. A federal agency is trying to decide whether to ban them. View full post on All Stories
Political stability and the preservation of fiscal stability will be the keys in upgrading Turkey’s credit rating to “investment grade,” according to Yoshihiko Tamura, chief analyst … View full post on All Stories
TOKYO (MarketWatch) — Japan’s bond rating, which was last week downgraded by one major ratings agency, is stable for now, Moody’s Investors Service said Monday, but it added that failure to rein in the fiscal deficit could prompt a review. View full post on All Stories
The Financial Services Agency has decided not to use additional public funds to help cover losses on loans left by seven housing loans firms that went bust in the late 1990s, sources close to the … View full post on All Stories
AHN News Staff Washington, DC, United States (AHN) – Officials of American mortgage giants Fannie Mae and Freddie Mac denied Wednesday they caused the foreclosure crisis, instead blaming mortgage services and law firms that they contract. The executives told Congress that since the two companies do not service loans the responsibility for managing payments by [...]
Rep. Darrell Issa (R-CA) “is planning to vastly expand scrutiny of the Obama administration by seeking new subpoena powers for dozens of federal agency watchdogs in hopes of using their investigations and his own in an aggressive push to cut spending and shrink the government,” the New York Times reports. “It is a far broader [...]
Kris Alingod – AHN News Contributor Washington, DC, United States (AHN) – Negotiations between the U.S. Postal Service and two unions failed over the weekend when contracts expired. Postal workers are not allowed by Congress to strike, but the development is the latest setback for the beleaguered agency. Talks with the National Rural Letter Carriers [...]
The Federal Housing Administration reported that it endorsed 10 percent fewer loans during fiscal-year 2010 than in fiscal-year 2009. The housing agency fell short of its original projection of 1.9 million endorsements. Annual volume was dragged down by refinances and home-equity conversion mortgages. View full post on All Stories
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