Sentences with phrase «taxpayers out of mortgage»

In May, the company paid $ 89 million to settle claims brought by the Department of Justice that it had bilked taxpayers out of mortgage insurance through fraudulent foreclosures.
to settle claims brought by the Department of Justice that it had bilked taxpayers out of mortgage insurance through fraudulent foreclosures.

Not exact matches

If it is extreme to speak out against a government take - over of our best - in - the - world health care system, 2 / 3rd's of our automobile industry, and subsidization of a high - risk banking and mortgage system at the expense of small businesses and taxpayers, than I fully support the «extremism» of Dr. Nan Hayworth..
Shadow chancellor George Osborne said: «Gordon Brown is mortgaging the taxpayer to try to get him out of the political hole he's dug for himself.
The International Monetary Fund report suggested that the federal government get out of the business of mortgage insurance because it exposes the government and taxpayers to risk and might distort the lending market as a whole in favour of mortgages over entrepreneurship.
It needs to be closed so that taxpayers can get out of the mortgage business.
A new report revealed that taxpayers may be impacted from an increasing number of student borrowers struggling to repay their loans.Many students aren't getting out of school without being saddled with huge student loan debt — it's the second largest type of consumer debt after mortgages.
As many observers point out, that means taxpayers are on the hook should something go wrong with the ability of mortgage holders to pay.
The bankrupt banks being bailed out on the taxpayers dime probably own alot of the commercial mortgage backed securities that are gonna tank next.
The move takes some of the air out of the housing market by forcing banks and other lenders to be responsible for the risk of mortgage defaults, instead of being able to pass that risk on to government and taxpayers via the CMHC.
According to the IRS, two out of three taxpayers claim the standard deduction instead and as such don't deduct their mortgage interest.
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