Category Archives: Real Estate & Lending
The Obama Administration is releasing its plan on the future of the housing finance industry. More specifically, they are releasing their plan on what to do with the mortgage giants, Fannie Mae and Freddie Mac. Continue reading
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1. Politicians had policies which supported bad lending practices. They believed that not enough loans were being made to minority groups, so they expanded the power and scope of the Community Reinvestment Act, which was designed to get more minorities … Continue reading
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There is one word that accompanies the news from this administration more than any other. “Unexpected.” WASHINGTON (Reuters) – New claims for jobless benefits unexpectedly rose last week, hardening the view the central bank will pump more money into the … Continue reading
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At the heart of our economic crash was the housing bubble. Conversely, any economic recovery requires a healing and improving housing market. There’s been a lot of rosy talk making the rounds about the housing “recovery” of late. The National … Continue reading
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For a generation, now, we have been accommodated with a front row seat to a rigorous and seemingly intractable advance of government into the whole of America’s social fabric, and into the institutions of its capitalist system. Today we are … Continue reading
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