iOS app Android app


The Scandal Is What's Legal

Stephen G. Cecchetti | Posted 03.03.2016 | Business
Stephen G. Cecchetti

If you haven't seen The Big Short, you should. The acting is superb and the story enlightening: a few brilliant outcasts each discover just how big th...

The Fannie-Freddie Debacle Continues

Harlan Green | Posted 03.02.2016 | Business
Harlan Green

We are already seeing the results of Obama Administration attempts to kill Fannie Mae and Freddie Mac, the Government Sponsored Entities that guarante...

Dodd-Frank: Five Years After

Stephen G. Cecchetti | Posted 07.05.2016 | Business
Stephen G. Cecchetti

On July 21, 2010, President Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act (hereafter, DF), the most sweeping financial regulatory reform in the United States since the 1930s. Let's have a look at the most noteworthy accomplishments and the biggest failings so far.

Why Conforming Loan Limits Should Be Part of Housing-Finance Reform -- But Aren't

Jed Kolko | Posted 06.29.2014 | Business
Jed Kolko

The housing finance system -- as well as other national housing policies -- needs to serve a country where local home prices in some markets are 10 times as high as in others, and where local and state laws affect how much new construction is allowed, how long foreclosures take, and more.

Johnson-Crapo Housing Reform Guided by Weapons of Mass Deception About Affordable Housing Goals

Marc H. Morial | Posted 06.24.2014 | Politics
Marc H. Morial

Instead of expanding homeownership opportunities, the Johnson-Crapo proposal tells working and middle-class families that homeownership will be reserved for the fortunate few. That is simply wrong, and we can do better.

Why a Better Housing Finance Solution Shouldn't Be the Enemy of the Best Solution

Dr. Stan Humphries | Posted 11.16.2013 | Business
Dr. Stan Humphries

After months of robust home value appreciation, the U.S. housing market recovery is on very solid footing. We can now begin to turn away from housing's ugly recent history and start contemplating its future, specifically the future of housing finance.

Taxpayer-Backed Lender Didn't Help Struggling Homeowners Because It Would Hurt Their Profits

ProPublica | Posted 10.25.2012 | Business

By Jessie Eisinger ProPublica Freddie Mac, the taxpayer-owned mortgage giant, made it harder for millions of Americans to refinance their high-in...

'Everybody Will Dig Up Everything They Can Dig Up'

AP/The Huffington Post | Posted 11.16.2011 | Politics

URBANDALE, Iowa -- Rising in national polls, Republican presidential candidate Newt Gingrich found himself on the defensive Wednesday over huge paymen...

Time to Move On: Families Facing Foreclosure Need Better Solutions Than HAMP

Janis Bowdler | Posted 05.25.2011 | Business
Janis Bowdler

While HAMP set out to provide three to four million modifications, only 600,000 families have received permanent loan modifications through the program. It's time to look for other ways to stymie foreclosures.

Shahien Nasiripour

Obama Calls For End To Fannie Mae, Freddie Mac | Shahien Nasiripour | Posted 05.25.2011 | Business

NEW YORK -- The Obama administration outlined three options Friday to change the way home loans are financed, calling for the slow death of mortgage g...

Big Banks Want Fannie And Freddie's Government Backing

The Huffington Post | Yepoka Yeebo | Posted 05.25.2011 | Business

As the government struggles to revamp Fannie and Freddie, big banks are trying to capitalize on changes to the government sponsored enterprises. Trea...

NYT: The Housing Market Is On The Brink | Posted 05.25.2011 | Business

Meanwhile, the administration should investigate ways to facilitate more refinancing. Fannie Mae and Freddie Mac, the government-controlled mortgage c...

Fannie, Freddie Reform: The Government Needs To Continue Propping Up The Mortgage Market, Say Banking Execs

Posted 05.25.2011 | Business

WASHINGTON (AP, ALAN ZIBEL) -- The Obama administration invited banking executives Tuesday to offer advice on changing the government's role in the mo...

Bank Regulation, Need for Transparency, and Politics as Usual Makes the Outcome Uncertain

Jerry Chautin | Posted 05.25.2011 | Politics
Jerry Chautin

Bank regulation is caught up in political maneuvering. Pro and con lobbying groups are spinning legislators. We need reform.

Shahien Nasiripour

Greenspan To Financial Crisis Commission: Roots Of Crisis In Communism's Fall, The Fed Isn't To Blame | Shahien Nasiripour | Posted 05.25.2011 | Business

(We'll be running a live blog of the testimony at the Financial Crisis Inquiry Commission's latest round of hearings in Washington, D.C. Former Federa...

Shahien Nasiripour

Geithner: Fannie and Freddie Need To Be Changed... But We Don't Know How | Shahien Nasiripour | Posted 05.25.2011 | Business

The Congressional panel tasked with overseeing the nation's financial system and the Treasury Secretary both agree that there's a problem with the nat...

Fannie, Freddie: Still 'No Exit' For Government's Investments In Troubled Housing Giants

Huffington Post | Ryan McCarthy | Posted 05.25.2011 | Business

Seventeen months and $110 billion later, the U.S. government's enormous investment in Fannie Mae and Freddie Mac has turned the two firms into semi-pe...

Fannie, Freddie, Forgotten In Reform Bills, May Ask Government For MORE Money

Huffington Post | Ryan McCarthy | Posted 05.25.2011 | Business

Those who assumed that the recent round of TARP repayments by Citigroup and Wells Fargo signaled an end to the bailout era may want to think again. ...

Ryan Grim

Fannie, Freddie And Citi: The Rise Of The New Government-Sponsored Enterprise | Ryan Grim | Posted 05.25.2011 | Business

JPMorgan Chase: $3.6 billion in profits in the last quarter. Goldman Sachs: $3.03 billion. Analysts expect a string of sky-high profit announcements t...

Fannie, Freddie Stock Prices Soar On Announcement Of Government's Blank Check Support

Posted 05.25.2011 | Business

Call it a Christmas gift for the mortgage giants. Shares of Fannie Mae and Freddie Mac were up big yesterday on the Treasury Department's Christmas...

Analyst Says Fannie, Freddie Have "No Underlying Value" | Dawn Kopecki | Posted 05.25.2011 | Business

Aug. 31 (Bloomberg) -- Fannie Mae and Freddie Mac fell in New York trading after FBR Capital Market's Paul Miller said the mortgage-finance companies ...