Treasury website: http://www.treasurydirect.gov/NP/BPDLogin?

I just came across an article from the Washington Post talking about new "rules" for short sales from the Treasury Department.

It has been known for months to be winding down, but the Fed just formally announced the end of their $1.2 Trillion program of buying Treasuries and Mortgage Back Securities.

I sent out some e-mails and made some calls and got an affirmative response to an option for mortgage workouts (To FDIC and the Treasury) A couple weeks ago I spoke to a Regional Bank Pres and the subject came up and he indicated that they had already done a few loan mods in this manner and expect to do more.

Our money supply is not determined by how many "Greenbacks" the treasury prints.

Like Rich, I don't feel all warm and fuzzy.As a side note, those that say Clinton balanced the budget, why does the US Treasury Department show that the National Debt went up every year he was in office?

It is not ethical to go back on your word, your promise to pay, simply because a lender, any lender, the freakin Treasury Department of the United States (if they are sophisticated enough for you), says they will not seek a deficiency judgement against you in the event of default.

You might be required to send it to the state treasury.

If you do enough business with the bank and they are small their treasury management department can set you up with some ZBA accounts that automatically sweep to an operations account or an account you set up solely for that project.

According to the Treasury dept:1. 15% have defaulted already2. 20% more are already delinquent.Do we just keep throwing future generations' money down the hole?