Housing Policy
Study: Community Reinvestment Act Promoted Risky Lending
Banks pushed the limits of safety to satisfy the law
Who Benefits from the Mortgage Interest Deduction?
If the mortgage interest deduction were to be phased out, who would lose out on the subsidy?
Federal Housing Administration May Be the Next Bailout Recipient
What a surprise. Another colossal government failure.
Guns Don't Kill People; Unlicensed Boarding Homes Kill People
A guy going on a shooting spree means we need better housing regulations?
Quadruple Homicide Leads to Review of Boarding House Rules
More regulations will keep people from killing each other!
Robert Moses Dumps Poor People On the Waterfront
How public housing came to the New York coast.
States Put Mortgage Settlement Money to Dubious Purposes
They extorted it, they can do with it what they want
Bernanke Says Fed Will Do What It Can to Support Housing
Pressing on with plan to buy mortgage-backed securities
Spanish Banking Association Suspends House Evictions for Two Years
Move comes after woman took her own life soon before being evicted from her home
New Massachusetts Foreclosure Law Creates More Problems Than it Solves
Judges in the Bay State will soon have the power to determine whether a bank can foreclose on a home or must modify the mortgage.
Clinton's Legacy: The Financial and Housing Meltdown
Clinton sowed the seeds of the Great Recession by helping to inflate the housing bubble.
City, Groups Settle in Calif. Rental Inspection Suit
Lancaster accused of abusing authority to try to drive out minority Section 8 residents
New Tax For Property Owners Round the Corner
3.8% surtax on certain investments starts next year
Sales of New Homes Near Two-Year High
Housing continues recovery; rest of economy, not so much
Home Prices Rise for Sixth Month
Taken as a sign of recovery until the next piece of bad news is taken as a sign that the recovery has stalled
Mortgage Rates Hit Record Lows
The average rate on the 30-year loan declined to 3.49 percent from 3.55 percent last week
Kamala Harris Has Usefully Poor Memory of How Mortgage Settlement Was Spent
It's just as well. How California is spending its portion of the money is slightly better than what Harris wanted.
GOP Goes Wobbly on Mortgage Deductions
It's left out of the platform to give a hypothetical President Romney room to maneuver
Wells Fargo to pay $6.5 Million to SEC
Will settle allegations of selling risky mortgage-backed products to non-profits, municipalities.
Two More Cities Consider Seizing Mortgages
Sacramento and Elk Grove join the ranks of municipalities considering using eminent domain to grab delinquent home loans
Private Debt Is Crippling the Economy
There won't be a recovery until credit card and household debt levels come down.
SEC Drops Goldman Subprime Investigation
No longer looking into company's role in selling $1.3 billion of subprime mortgage securities.
Government Care in Action: Fire Alarm Blares for 15 Hours at Public Housing Complex
Housing authority did not have key to room where alarm was.
Roseanne Barr Is Still Running for President
The Peace and Freedom Party nominates a former sitcom star.
Officials Like Scheme To Seize Mortgages
Never mind that it's nutty, politicians are getting enthusiastic about a plan to use eminent domain to grab mortgages
Regulator Bans Fannie, Freddie From Reducing Principals
The FHFA resists the Obama Administration's attempt to further distort the housing market.
California's Latest Misguided Attempt to Solve the Housing Crisis
The Golden State's bizarre new mortgage "solutions" won't fix the the problem.
4 Reasons Why the Housing Market Still Hasn't Recovered
Sometimes leading indicators are deceiving.