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As America Becomes More Diverse, Lending Barriers to Minority Homeownership Demand Serious Leadership

Garrick T. Davis | Posted 11.19.2014 | HuffPost Home
Garrick T. Davis

Recently released mortgage disclosure data findings indicate that a majority of future U.S. households could face significant challenges in achieving homeownership.

A Homestead Act for the 21st Century

Stephen G. Cecchetti | Posted 11.04.2014 | 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.

Future Homebuyer Pockets Picked By Washington Lawmakers

Garrick T. Davis | Posted 10.15.2014 | Politics
Garrick T. Davis

The homebuyer of tomorrow should not be asked to pay for the fleeting temporary tax reduction and unemployment benefit extension of yesterday.

Why and How to Eliminate Mortgage Charges by Third Parties

Jack M. Guttentag | Posted 11.11.2014 | Business
Jack M. Guttentag

Third-party settlement costs could be eliminated by implementation of one simple rule: any service required by lenders as a condition for the granting of a home mortgage must be purchased and paid for by the lender.

Why Not Use Fannie and Freddie to Make a Better Primary Market, Instead of Scrapping Them?

Jack M. Guttentag | Posted 11.11.2014 | Business
Jack M. Guttentag

The phase-out of Fannie Mae and Freddie Mac, which have now been in conservatorship for 6 years, is on indefinite hold. Terminating them without an ef...

Zach Carter

Newt Gingrich And Julian Castro Explain Why America Can't Have Nice Things

HuffingtonPost.com | Zach Carter | Posted 09.17.2014 | Politics

WASHINGTON -- There's something disconcerting about watching Newt Gingrich take the stage to deliver a policy speech in 2014. To most Americans, ...

Our Freedoms Are Slowly Slipping Away

Ken Blackwell | Posted 11.02.2014 | Politics
Ken Blackwell

As Americans celebrated Labor Day and the freedom to provide for their families, let's hope they didn't spoil the holiday yesterday by pausing to consider whether government today is making their lives easier or more difficult.

Jacob Lew Hasn't a Clue

Joel Sucher | Posted 10.15.2014 | Politics
Joel Sucher

At the conference Lew cast some bread upon the water -- announcing an extension of HAMP and related programs through 2016 -- and these crumbs were eagerly consumed by so-called housing advocates

Zach Carter

Why Barney Frank Thinks Democrats Will Wrest Corporate America From The GOP

HuffingtonPost.com | Zach Carter | Posted 08.03.2014 | Politics

WASHINGTON -- Congressional battles over the Export-Import Bank and terrorism insurance are an opportunity for Democrats to win back corporate elites ...

Zach Carter

Warren's Mortgage Reforms Divide Progressives

HuffingtonPost.com | Zach Carter | Posted 07.14.2014 | Politics

WASHINGTON -- Sen. Elizabeth Warren (D-Mass.) is dividing Wall Street critics in Congress by leading talks regarding a controversial Fannie Mae and Fr...

Has Anyone Heard of the Uniform Law Commission?

Joel Sucher | Posted 09.08.2014 | Politics
Joel Sucher

I doubt many American know anything about this group composed mainly of business and real estate lawyers and now engaged in drafting something called the Home Foreclosure Procedures Act.

Big Press on Bank of America Treatment of Whistleblower Michael Winston -- But, You'll Have to Read German!

Jerry Ashton | Posted 09.07.2014 | Business
Jerry Ashton

Germany's respected Handelsblatt, that country's parallel to the Wall Street Journal, recently devoted an entire section and a featured interview to the deliberate and ongoing crushing of American Michael Winston's finances and spirit by one of our country's largest banks.

The Case for Restoring the 97% LTV Mortgage at Fannie Mae and Freddie Mac

Tino Diaz | Posted 09.01.2014 | Politics
Tino Diaz

Keep in mind, Fannie Mae and Freddie Mac already purchase 97% LTV mortgages from state housing finance agencies throughout America. Why not reinstate this policy to help restore sustainable homeownership for responsible everyday borrowers while also helping to jumpstart America's economy?

The U.S. Treasury Stealing From Fannie and Freddie Shareholders

Ken Blackwell | Posted 08.05.2014 | Politics
Ken Blackwell

As voices across the ideological spectrum have come to recognize the need for serious reform of our housing finance system with a greater role for private capital, the nation's top housing regulator made an unfortunate revelation.

Underwater America: Will President Obama, Mel Watt and Wall Street Finally Do the Right Thing for Troubled Homeowners?

Peter Dreier | Posted 07.21.2014 | Politics
Peter Dreier

The Obama administration did too little, too late, to help troubled homeowners, who faced plummeting home prices and the risk of foreclosure. The most important thing they can do is get Fannie Mae and Freddie Mac to adopt principal reduction.

Mel Watt Lights Up the Real Estate Industry

D. Sidney Potter | Posted 07.17.2014 | Business
D. Sidney Potter

For those in the real estate finance and home building industry, the coming of Mel Watt as the newly inducted Director of the Federal Housing Finance Agency could not have come at a more propitious time.

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.

Giving the Hen House to the Fox

Karen Hinton | Posted 07.16.2014 | Business
Karen Hinton

Some in Congress and in the administration want to do away with Fannie and Freddie and hand over their portfolio to the private banking industry, but without the previous requirements that banks do a certain amount of business with low-to-moderate income individuals.

White House: Senate Panel's Housing Vote 'Marks Important Progress'

AP | Posted 07.15.2014 | Politics

WASHINGTON (AP) — The White House welcomed bipartisan legislation to overhaul the nation's mortgage financing system that cleared a crucial Senate h...

Senate Panel Passes Bill To Wind Down Fannie Mae, Freddie Mac

Reuters | Posted 07.15.2014 | Politics

By Margaret Chadbourn WASHINGTON, May 15 (Reuters) - A Senate panel on Thursday approved legislation to wind down Fannie Mae and Fred...

Mark Gongloff

The Government Just Made It Easier To Buy A Home

HuffingtonPost.com | Mark Gongloff | Posted 05.23.2014 | Business

The U.S. government is about to make it easier for you to get a mortgage. Mel Watt, the new head of the Federal Housing Finance Agency, the regulat...

What Is Mel Watt Waiting For?

Peter Dreier | Posted 07.13.2014 | Business
Peter Dreier

Some pundits and politicians claim that America's housing market is now recovering from plummeting home prices and a years-long lull in new construction. But the so-called recovery is very uneven.

Challenges to the American Dream

Dean Graziosi | Posted 07.08.2014 | Business
Dean Graziosi

What is the future for the dream of homeownership these days? Actually, it may not be the fact that the dream is alive but unattainable. It may be more that the dream isn't as big a deal to the younger generation.

Housing Reform Should Create Wealth

Eva M. Clayton | Posted 06.29.2014 | Politics
Eva M. Clayton

Being a champion of homeownership or affordable housing options is not risky policy, it is essential to growing wealth. Unfortunately, as pointed out by many civil rights organizations, there are provisions of the Johnson-Crapo discussion draft that will only exacerbate the current disparities in homeownership rates.

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.