Ben Hallman on Housing
At his State of the Union address last week, and again on Tuesday, President Barack Obama said Congress must eliminate certain
Since the housing market collapsed more than five years ago, would-be homebuyers with low or moderate incomes, or with less-than-stellar credit scores have had really just one financing option: a mortgage backed by the FHA.
Had Foreclosure Reviews Continued, Bank Of America Would Have Owed At Least $10 Billion: Naked Capitalism
In a lengthy and detailed post on Tuesday, Yves Smith at Naked Capitalism writes that not only will the distribution of the
These borrowers are far more likely to lose their homes to foreclosure, a process that damages neighborhoods and holds down
Questions about who controls the NRA's agenda have increased over the past month in the wake of the Newtown shootings as the organization has staked out a hardline stance considered out-of-step with many the views of many gun owners.
Seems possible, but as we've reported, lending is already extremely tight, especially for low-income borrowers. Banks have
The whole thing is being orchestrated by former AIG chief, and king of the crocodiles, Hank Greenberg, by the way. "Thank
As HuffPost reported last week, the settlement came as the Government Accountability Office, a nonpartisan investigative