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For more than 20 years, the mantra in Washington has been "more, not less" when it comes to Fannie Mae, Freddie Mac and the expansion of homeownership. ..more |
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Since foreclosures started to rise sharply in 2007, struggling borrowers have been offered a lot of help online. Some is well-meaning, but some is simply a scam in the form of expensive "debt relief" services that may be offered free elsewhere. ..more |
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Housing led the U.S. out of seven of the last eight recessions. This time, it may kill the recovery. Home sales collapsed after a federal tax credit for buyers expired in April...more |
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Talk of mortgage-market reform has started percolating in Washington. But housing numbers this week are likely to reinforce the notion that the market is still far too weak for radical surgery.
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