treasury department

Small-time real estate investors are being blocked from a tax break that was originally meant to benefit them. The Treasury Department recently released final...

Here’s how much WeWork made and lost last year Investors readily bought $702 million in junk bonds from WeWork in the co-working space’s initial...

The Internal Revenue Service officially closed the last remaining legal avenue that allowed non-real estate corporations to spin off their property holdings into real estate...

In a town where buyers pay a premium for privacy, the U.S. Treasury’s plan to start tracing anonymous purchases of Manhattan real estate begged...

Fannie Mae and CFO Susan McFarlandAfter reporting $5.1 billion in third-quarter losses Fannie Mae is seeking $7.8 billion more in Treasury Department aid, according...

Can the Internal Revenue Service handle tax credit programs that pump out billions of dollars to homeowners and buyers? A new federal investigation on...

The Obama administration’s $75 billion foreclosure prevention program has been widely criticized for its failure to, well, prevent very many foreclosures, and ProPublica has...

Poor oversight by the Treasury Department and errors by servicers has led to what may be thousands of homeowners being wrongly denied mortgage modifications...

Poor oversight by the Treasury Department and errors by servicers has led to what may be thousands of homeowners being wrongly denied mortgage modifications...

Borrowers participating in the Obama administration’s Home Affordable Modification Program will soon have a simpler route to mortgage loan modifications. Under new guidelines, borrowers...

The Obama administration has no immediate plans to encourage mortgage principal reductions through its foreclosure prevention program, the Treasury Department said yesterday. The announcement...

The Treasury Department is giving lenders a new 10-day deadline for responding to short sale offers, in an attempt to move along a process...

Citigroup announced today that it will suspend foreclosure sales and distribution of foreclosure notices between Dec. 18 and Jan.17, giving its customers a break...

Some of the money that the Obama administration is spending on the Home Affordable Modification Program, aimed at homeowners facing foreclosure, is benefitting corrupt...