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Mortage Crisis

Save What Works: Making the Case for Long-Term Fixed-Rate Home Loans

Janis Bowdler | Posted 01.08.2012 | Latino Voices
Janis Bowdler

Rather than dismiss a proven financial tool and affordability features, advocates and policymakers should work together to preserve those aspects of our housing finance system that work well.

Professor Advises Underwater Homeowners To Walk Away From Mortgages

LA Times | Kenneth R. Harney | Posted 05.25.2011 | Business

Go ahead. Break the chains. Stop paying on your mortgage if you owe more than the house is worth. And most important: Don't feel guilty about it. Don'...

Economists: Interest Rates Fueled Boom Housing Bubble

CBS News | Alex Sundby | Posted 05.25.2011 | Business

Of all the economic factors that possibly fueled the inflation of the housing bubble last decade, Federal Reserve Chairman Ben Bernanke has said low i...

Where Caveat Emptor Still Stalks the Land

Charles H. Green | Posted 05.25.2011 | Business
Charles H. Green

I've met all too many people educated in our "best" schools who have come to believe that selling toxic waste to customers is a legitimate part of a noble, even moral, endeavor called capitalism.

US Considers Takeover Of Fannie Mae, Freddie Mac

New York Times | STEPHEN LABATON and STEVEN R. WEISMAN | Posted 05.25.2011 | Business

Alarmed by the growing financial stress at the nation's two largest mortgage finance companies, senior Bush administration officials are considering a...