What is the U.S. government economic bailout?

Answer In 2008, the United States faced a subprime mortgage crisis. Mortgages across the country were delinquent and homes were being foreclosed upon. As a result, banks were not receiving the money they ... Read More »

Top Q&A For: What is the U.S. government economic bailout

What is an economic bailout?

The financial dictionary defines an economic bailout as the act of giving money to a company or committing another action so that the company avoids bankruptcy. Large companies are usually bailed o... Read More »

How do I qualify for a government mortgage bailout?

Determine if you meet the specific criteria for getting a mortgage bailout. In order to qualify, you must have an adjustable rate mortgage that you took out between January 2005 and July 2007 that ... Read More »

How to Get Help From the Government Mortgage Bailout Bill?

According to CNN Money, the federal real estate rescue plan offers two options for homeowners struggling to pay a mortgage. The borrower can apply for loan modification or take advantage of lower i... Read More »

How Will the Government Bailout Help the Average Citizen?

The 2008 government bailout that followed the collapse of a number of prominent financial and insurance companies will affect everyone in some way, from the CEOs of the companies in question to the... Read More »