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commentary : Mortgage Loans, Rates, Home Buying, Selling, Foreclosures

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Labor Day: Does America Need A Second Bill of Rights?

For large numbers of Americans the economic situation today is worse than at any time since the Great Depression. Unemployment is high and benefits are disappearing. Income is 5 percent less than in 1999. The traditional storehouses of wealth and financial security have eroded as home values have fallen and pension savings pay little more [...]

5Sep2011 | | 0 comments | Continued
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Fannie Mae & Freddie Mac: Promised Interest Savings Disappear

It was just a few weeks ago when Fannie Mae and Freddie Mac were seized by the Federal government. To this day it is not clear why such a seizure was necessary given that the two companies had lost roughly $5 billion in the first half of the year — but had $95 billion in [...]

20Oct2008 | | 0 comments | Continued