Sentences with phrase «require taxpayer bailouts»

When you contrast this with the 0.35 % current national average interest rate on 1 - year CDs banks are offering, one wonders why banks manage regularly to go broke or require taxpayer bailouts to make ends meet.

«I acknowledged the leadership of Barak Obama, Chris Dodd, Barney Frank, Blanche Lincoln and other brave Democrats by voting for a strong package of more government rules and regulations, designed so that banking disasters on Wall Street will never require taxpayer bailouts and kite the national debt, ever again.

The shortfall raises the specter that the agency will require a taxpayer bailout next year for the first time in its 78 - year history.

In April NAR chief economist Lawrence Yun noted that «given that FHA and VA government - backed loan programs turned a modest profit over to the U.S. Treasury last year, and have never required a taxpayer bailout, we believe low down payment loans should continue to be available for those consumers who have demonstrated financial responsibility and are willing to stay well within their budget.»

The tightened credit standards and higher premiums were intended to reduce the number of defaults on FHA - insured loans and to increase the size of the reserve fund, reducing the chances that the agency would require a taxpayer bailout.

In 2013, the usually self - sufficient agency required a taxpayer bailout of $ 1.7 billion to cover losses resulting from shaky loans made during the housing collapse.

«Given that FHA and VA government - backed loan programs turned a modest profit over to the U.S. Treasury last year, and have never required a taxpayer bailout, we believe low - downpayment loans should continue to be available for those consumers who have demonstrated financial responsibility and are willing to stay well within their budget.

Not exact matches

The final version is stricter than many had expected and are intended to prevent risky trading that required taxpayer - funded bailouts during the crisis.

The U.S. government paid these obligations at 100 cents on the dollar, despite AIG being insolvent at the time and requiring a $ 185 billion taxpayer bailout itself for making casino - like bets with the big banks.

Experts (see below) point out that the FHA was stretched to the brink for nearly a decade, through the financial crisis, ultimately requiring a $ 1.7 billion taxpayer bailout.