Treasury and IRS Answer President Obama’s Call to Help Americans Manage Student Loan Debt

By: Sabrina Siddiqui
6/7/2012

Today, President Obama heads to the University of Nevada Las Vegas to discuss student loans. The President believes in creating an economy built to last that gives every hard working student a fair shot at developing the skills they need to find a good job by attending college, university, community college, or job training programs. To help put the cost of higher education within reach for more Americans, the President has taken action to cap monthly payments on student loans for responsible graduates who make their payments on time. Continuing to act, he will issue a Presidential Memorandum to streamline the process and improve information available to responsible borrowers about student loan repayment options. Answering the President’s call, Treasury and IRS will begin working on improving the application process for responsible borrowers.

Read original article –

Treasury and IRS Answer President Obama’s Call to Help Americans Manage Student Loan Debt

Helping Atlanta Homeowners Avoid Foreclosure

By: U.S. Congressman David Scott

6/7/2012

Last week, in College Park, 1,478 homeowners attended the “Help for Homeowners Event” at the Georgia International Convention Center.  It was the fourth time the Obama Administration has sponsored an event for struggling homeowners in the Atlanta area.  In total, 8,065 homeowners have been helped at events in Metropolitan Atlanta, and more than 275,000 families in the area have received assistance through government and mortgage servicer programs.

I attended this event to hear directly from homeowners about their experiences and to talk with community leaders about ways to help federal programs reach more families struggling with their mortgages.  Almost 570 real estate agents and housing counselors participated in free seminars about the Administration’s programs to help homeowners prevent foreclosure.  Dozens of mortgage representatives from about 20 banks and 50 representatives from local HUD-approved housing counseling agencies also met with homeowners.  The Georgia Department of Community Affairs helped more than 200 homeowners learn about HomeSafe Georgia, Georgia’s program through Treasury’s Hardest Hit Fund, which provides up to 18 months of mortgage payment assistance while a homeowner is looking for work.

See original –

Helping Atlanta Homeowners Avoid Foreclosure

CDFI Fund Director Donna Gambrell speaks at Clinton Global Initiative conference on importance of creating access to financing for small businesses

Original article – 

CDFI Fund Director Donna Gambrell speaks at Clinton Global Initiative conference on importance of creating access to financing for small businesses

Treasury Delivering Value through IT Reform

See original article here: 

Treasury Delivering Value through IT Reform

Chart of the Day: Lengthening the Average Maturity of Outstanding Treasury Securities

This article:

Chart of the Day: Lengthening the Average Maturity of Outstanding Treasury Securities