Legalizing Criminal Activity – It’ll Take More Than A Finger To Stop The Flood In This Dam



Consumer protections have been put in place for good reasons, so why are title companies and their mortgage industry cronies trying to remove one of the most obvious safeguards? Could it be profit? That’s the only obvious conclusion any sane, thinking person would reach.

Bernanke Admits Policy Failure, Then Asks For More Of The Same



In today’s report to congress, I could not help but notice two things. First, Fed Chairman Ben Bernanke was essentially admitting that his program to solve our economic problems with more spending is not working out very well. And it was painfully obvious that some if not most of the congressmen/women on the panel had […]

Government Owns more than 12,000 Excess Properties



More than 12,000 government properties have been identified by the White House as being no longer needed, yet in order to get its hands on the expected $15 billion to be gained from dumping these buildings, the government needs Congress to act. For that reason, President Obama will attempt to push through legislation to form […]

Latinos Express Growing Concerns Over Housing Crisis



ImpreMedia released the results of its new survey indicating that Latinos in the United States have serious concerns about the housing market, largely due to the ongoing foreclosure crisis.  Although 72 percent believe they have reached or can reach their “American Dream”, only 47 percent include owning a home as part of that dream.    Furthermore, […]

GOP Begins Plans to Reduce Role of Fannie and Freddie



By the time the media began to reveal the extent of damage major lending institutions had done to the U.S. economy, the names Fannie Mae and Freddie Mac were about as common as Brad and Angelina.  Republican legislators in Congress are now ironing out a new plan to more gradually reduce the role of Fannie […]

Fannie Mae’s Michael Williams: Clueless in San Diego



Fannie Mae President and CEO Michael J. Williams was at the University of San Diego at an annual discussion on the future of home lending. At the top of his agenda, the Obama Administration’s plans to eliminate Fannie Mae altogether – but some side stepping was involved. However slippery Williams and other officials have become, it’s clear lending may never be the same again.

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