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Watchdog: Treasury outsourced most bailout work

October 14, 2010

By DANIEL WAGNER 2010-10-14T04:10:36Z WASHINGTON (AP) -- The bailed-out mortgage companies hired by the Treasury Department to manage its main program designed to prevent foreclosures probably weren't up to the job, and tapping them may have increased taxpayer losses, a new watchdog report says....

Source URL: http://hosted.ap.org/dynamic/stories/U/US_BAILOUT_WATCHDOG?SITE=ORLAG&SECTION=HOME&TEMPLATE=DEFAULT
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