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Housing Finance

A Homestead Act for the 21st Century

Stephen G. Cecchetti | Posted 01.03.2015 | Business
Stephen G. Cecchetti

Mortgage subsidies through federal agencies are the modern-day version of the Homestead Act. But unlike the land grants of the 19th century, government loan subsidies have proven to be a rather bad idea.

Housing Finance Reform Should Now Focus on Fixing and Preserving Fannie Mae and Freddie Mac

John Taylor | Posted 07.19.2014 | Politics
John Taylor

Fannie Mae and Freddie Mac need to be regulated properly, they need to be required to maintain sufficient capital reserves, and they need to be operated transparently. But given the current legislation, eliminating them would be reckless and foolish.

Getting Housing Finance Reform Right

Ken Blackwell | Posted 06.25.2014 | Politics
Ken Blackwell

The Senate Banking, Housing, and Urban Affairs Committee is scheduled to vote on a massive proposal to overhaul the nation's mortgage finance market. Yet the draft language released by the authors has raised concerns across the political spectrum.

As Americans Struggle to Climb Economic Ladder, Corker-Warner GSE Reform Effort Falls Badly Short

John Taylor | Posted 09.29.2013 | Politics
John Taylor

This is a perilous time for opportunity in America. The housing crisis, which stemmed from a terrible confluence of malfeasant lending, Wall Street ma...

Homeowners Face Segregated Mortgage Market

Deyanira Del Rio | Posted 10.01.2012 | Money
Deyanira Del Rio

People of color disproportionately received federally insured loans -- backed by the Federal Housing Administration (FHA) or Department of Veterans Affairs (VA) -- to finance the purchase of their homes and to refinance existing mortgages.

Investors Can Pre-Qualify To Bid On Fannie, Freddie's Foreclosed Homes

Reuters | Posted 04.02.2012 | Business

WASHINGTON, Feb 1 (Reuters) - The regulator for housing finance firms Fannie Mae and Freddie Mac said on Wednesday investors could now sign up to ...

Rick Santorum's Questionable Financing

McLean Patch | Bobbi Bowman and Zandy Dudiak | Posted 03.19.2012 | Politics

A search of land records for the $2 million Great Falls home of Republican presidential candidate and former Pennsylvania Senator Richard Santorum tur...

Effective Housing Reform Requires Mortgage Lenders Retain Risk: Official

Posted 08.24.2011 | Business

WASHINGTON - Regulators want to ensure mortgage lenders retain some of the risk on loans they originate, as it is crucial to strengthen the housing fi...

Shahien Nasiripour

Obama Calls For End To Fannie Mae, Freddie Mac

HuffingtonPost.com | 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...