Three years after the housing market’s collapse, the federal government finds itself backing nine out of every 10 new residential …
Read More
Tag Archives: Mortgages
Foreclosure Foul-ups Further Delay Recovery
The root of the mortgage crisis is the fact that millions of Americans bought homes they could not afford. To …
Read More
How Everyone Came To Have A Second Mortgage
A quarter-century ago, only someone in desperate need of cash would take a second mortgage. Then Congress changed the tax …
Read More
Nothing Poetic In This Justice
The United States has nearly 2.3 billion acres of land. The records of who owns it and who holds mortgages …
Read More
President’s HARP May Hit The Right Note
Searching for a way to boost the economy without help from Congress, President Obama hits on a housing plan that might actually work.
Read More