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Home Ownership

American Dream 2: Default On Mortgage, Then Rent For Less

Wall Street Journal | MARK WHITEHOUSE | Posted 12.10.2009 | Business

Read More: Renting, Housing Crisis, Foreclosure, Mortgage Defaults, Home Ownership, Real Estate, Housing Bubble, American Dream, Rentals, Mortgage Crisis, Business News

PALMDALE, Calif. -- Schoolteacher Shana Richey misses the playroom she decorated with Glamour Girl decals for her daughters. Fireman Jay Fernandez mis...

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Shahien Nasiripour

Mortgage Bankers Post Huge Profits... Again

HuffingtonPost.com | Shahien Nasiripour | Posted 11.04.2009 | Business

Read More: Junk Fees, Mortgages, Mortgage Bankers Association, Profits, Guy Cecala, Inside Mortgage Finance, Home Buying, Financial Crisis, Refinancing, Home Ownership, Home Mortgage, Business News

Independent mortgage lenders may have hit their high point of the year as they booked an average profit of nearly $1,400 on each loan originated durin...

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Making Mediation Mandatory Before Families Lose Their Homes

Pedro Nava | Posted 10.22.2009 | Politics

Read More: Foreclosures, Mortgage Lenders, AB 1588, Home-Ownership, Loan Modification, Loan Mediation, Subprime Lenders, Loan Servicers, Banks, Assemblymember Pedro Nava, California, Pedro Nava, Financial Institutions, Nava, Politics News
Pedro Nava

Mediation is not a one-side concept -- lenders and servicers have every incentive to participate. So what is the better outcome? Foreclosure or a modification that encourage stability?

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The Crime of the Century

Gov. Dick Lamm | Posted 10.05.2009 | Denver

Read More: Entitlements, Intergenerational Equity, Colorado Politics, Senior Citizens, Social Security, Health Care Reform, Medicare, Medicaid, Home Ownership, Denver News
Gov. Dick Lamm

Never before has one group appropriated as much money that belonged to another group in the history of crime. It was literally and figuratively as easy as taking candy out of the mouths of children.

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How To Survive A Divorce

Anne Hill | Posted 11.29.2009 | Living

Read More: The Corpse Bride, The Godfather, Relationships, Divorce, V for Vendetta, Home Ownership, Living News
Anne Hill

In the years since my divorce, I have learned a thing or two about surviving the breakup of a long-term marriage. Not from self-help books, but from my friends.

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Half Measures and Lukewarm "Reform" Won't Save the Middle Class

Joseph A. Palermo | Posted 10.18.2009 | Politics

Read More: Al Qaeda, "Ownership Society, Home Ownership Loan Corporation, Economic Crisis, President Barack Obama, Middle Class, George W. Bush, Congress, Credit Default Swaps, American Middle Class, President Franklin D. Roosevelt, " David Brooks, Upside Down Mortgages, Home Ownership, Wall Street, The New Deal, Steve Moore, Standard and Poor, Holc, Republican Party, Moody's, Barack Obama, Stephen Moore, Politics News
Joseph A. Palermo

Let's hope that when Obama speaks Congress he outlines not only a bold program to provide health care for all Americans, but also a set of proposals to lift the middle class out of its currently dismal economic condition.

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Homes We Leave Behind

Jessica Keener | Posted 08.18.2009 | Living

Read More: Childhood Memories, Home, House, Home Ownership, Living News
Jessica Keener

Yesterday, I was walking in my old neighborhood in Newton, M.A., and I passed a house that I think of as "Ginny Hyde's house." The thing is, Ginny hasn't lived here for more than 30 years.

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Is the Financial and Mortgage Industry Smart Enough to Recognize the Lifeline Obama Has Thrown It?

Howard Glaser | Posted 07.18.2009 | Business

Read More: Larry Kudlow, Community Reinvestment Act, Treasury Department, Alan Greenspan, Subprime Mortgages, Home Ownership, FInancial Markets, Foreclosure News, Business News
Howard Glaser

A closer look at the Obama plan reveals that the proposed overhaul is, by and large, in the best interests not only of consumers of financial products, but the financial companies themselves.

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American Dream Up For Rent: Fewer People Owning Homes In Suburbs

Wall Street Journal | CONOR DOUGHERTY | Posted 04.30.2009 | Home

Read More: For Rent, More Americans Rent, Americans Renting, Housing Crisis, Home Ownership, American Rent, Plano-Illinois, Home News

PLANO, Ill. -- Kim and Robert Discianno had the American dream. Now, they rent a few streets away. The Disciannos moved from Aurora, Ill., to their...

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Wall Street Journal Editorial Board Does It Again

Rep. Barney Frank | Posted 01.11.2009 | Business

Read More: Wall Street Journal, Housing Crisis, Freddie Mac, Barney Frank, Deregulation Banking, Fannie Mae, Home Ownership, Business News
Rep. Barney Frank

I am used to having my views severely distorted by the Wall Street Journal Editorial Board, but the opening of this editorial doesn't distort -- it gets the truth absolutely backwards.

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Record 1 In 10 Homeowners In Serious Mortgage Trouble

AP | ALAN ZIBEL | Posted 01.05.2009 | Business

Read More: Foreclosures, Mortgage, Home Ownership, Home Owners, Mortgage Crisis, Business News

WASHINGTON — A record one in 10 American homeowners with a mortgage were either at least a month behind on their payments or in foreclosure at t...

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No, Erin Burnett, We Are Not "All Responsible" for this Mess

Paul Abrams | Posted 10.26.2008 | Business

Read More: Home Ownership, Cnbc, Erin Burnett, Financial Meltdown, Economy, Business News
Paul Abrams

The reason we are not all responsible is the same reason teenagers are not responsible for becoming addicted to cigarettes.

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Why McCain's Wealth Matters

Jared Bernstein | Posted 09.24.2008 | Politics

Read More: Phil Gramm, Economy, John Mccain's Houses, Housing Crisis, Home Ownership, John McCain, Income Inequality, Forclosure, Mccain's Wealth, John Mccain and Wealth, Mccain's Homes, Politics News
Jared Bernstein

It's not just that McCain can't relate to have nots, it's that he doesn't really want to. He wants to pull the levers that Phil Gramm and others tell him work best, and he lacks the motivation to question whether these levers actually work.

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Rise In Renters Erases Gains In Home Ownership

New York Times | RACHEL L. SWARNS | Posted 06.29.2008 | Business

Read More: Home Rentals, Home Ownership, Renters, Home Sales, Business News

Driven largely by the surge in foreclosures and an unsettled housing market, Americans are renting apartments and houses at the highest level since Pr...

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Political Masochism: Punishing Ourselves With Republicans

Russ Wellen | Posted 04.26.2008 | Home

Read More: Al Gore, John McCain, Liberals, Economy, Voting Ction, Progressives, Middle Class, Low-Information Voter, Iraq, Democrats, 2008 Election, Barack Obama, Price of Gas, Hillary Clinton, Universal Health Care, Republicans, Home Ownership, Health Care, Low-Against Best Interests, Home News
Russ Wellen

What are those of us oblivious to the economy or the war voting on? Gay marriage? Abortion? Lapel pins? Chances are many of us may again vote only to our comfort level, as we did with George Bush.

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