Sentences with phrase «guaranteed by taxpayer»

Almost all new mortgages — $ 1.6 trillion last year alone — are guaranteed by taxpayer dollars.

Limiting the amount of refinancing will promote saving through home ownership and limit the shifting of consumer debt into mortgages guaranteed by taxpayers.

Not exact matches

Yes, protect the taxpayers by guaranteeing only soundly underwritten mortgages and charging appropriate guarantee fees, and allow for a vibrant and competitive private - label market by carefully defining the conforming box, implementing sensible risk retention rules and setting risk - priced guarantee fees.

Camden Fine told CNBC that comments by JP Morgan CEO Jamie Dimon on the economy and regulation «reflect Wall Street's inability to take responsibility for the economic crisis it caused and the taxpayer - funded guarantee against failure it continues to enjoy....

To ensure borrowers are not adversely impacted by this transition and to facilitate loan repayment while reducing taxpayer costs, the Department of Education is encouraging borrowers with split loans to consolidate their guaranteed FFEL loans into the Direct Loan program.

The problem is that the state - mandated pension plans for school - district employees are defined benefit plans, which means the amount of future benefits is guaranteed and has to be funded by the taxpayers and / or investment income.

The bailout is not efficient, he writes, «because it can only deal with insolvency by buying bad assets at far above their true value, thereby guaranteeing big losses for taxpayers and providing an open - ended bail - out to the most irresponsible investors.»

... Only this time around they are sponsored by the U.S. Government and guaranteed explicitly by the Taxpayers.

He suggests taxing bankers by putting a levy on tax profits because they rely on the taxpayer guarantee.

Even the Finnish reactor - much touted by the prime minister - has a guaranteed price for its output and a taxpayer commitment to deal with all waste after 60 years and with any overrun costs of decommissioning.

«There is no justification for massive pay and bonus awards in financial institutions, the most important of which are guaranteed or owned or have been rescued by the taxpayer,» he said.

The civil complaint alleged that Genova and others «engaged in a scheme to defraud investors» by assisting an unnamed concessionaire in obtaining loan guarantees and not disclosing them to town taxpayers or municipal bond investors.

Educators, teachers, taxpayers, and bishops and clergy of nine religious denominations, including Roman Catholics, Methodists, Presbyterians, Episcopalians, and Jews, promptly challenged the «Balanced Treatment Act» in federal court in Little Rock, arguing that it was a violation of the separation of church and state as guaranteed by the First Amendment of the U.S. Constitution.

Following the money trail further reveals that Rocketship solicits investments from hedge fund companies by guaranteeing rates of return above 10 %, effectively using public taxpayer money to make rich private investors even richer.

On behalf of the state's children, teachers, public schools and taxpayers, the plaintiffs argued that Connecticut's school funding formula failed to ensure that every child had access to a quality and productive education, as guaranteed by the state constitution.

Holtz got 23 percent of the vote Tuesday, and was dogged by allegations he sought to get out of the race in exchange for a guaranteed, taxpayer - funded $ 150,000 job that would let him oversee the state's largest school districts, including Madison.

Unlike FHA - backed mortgages, the risk contained in loans guaranteed by private MI is not 100 % exposed to the government and taxpayers.

With the GSEs in conservatorship and the government effectively guaranteeing the loans assumed on the GSEs» balance sheets, taxpayers face direct exposure to mortgage credit losses experienced by the GSEs.

We agree with Mr. Montgomery's previously expressed views that private capital should play a leading role in guaranteeing low down payment mortgage credit risk to protect U.S. taxpayers and the federal government, and it is encouraging to know that he believes the FHA «should never take the place of the private sector first - loss solution provided by private mortgage insurers.»

The debt guarantee, or investment by the government has costs for the US taxpayer, which I would rather not see.

And they, too, could end up a taxpayer burden if they can not meet their obligations and are taken over by the federal Pension Benefit Guarantee Corp..

There is no explicit taxpayer backstop, but in this era of bailouts, who can tell what will be guaranteed by the government in a crisis?

That means implementing one of three basic scenarios: (1) consumers paying more for less electricity; (2) electricity prices remaining steady and taxpayers being called upon to subsidize the difference between the profits from actual electricity sales and the profits guaranteed by government; or (3) some combination of the two.

In short, the DOE Loan Guarantee Program is helping to move our country forward, and it's doing it by responsibly managing taxpayer money.

This independent review was requested by the White House in late 2011, to make sure that the DOE loan guarantee portfolio was cost - effective for taxpayers.

Guaranteed Loans are self - funded and budget neutral, meaning the fees paid by borrowers fully pay for the program, placing no burden on American taxpayers.