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Home Tags Mortgage Crisis

Tag: Mortgage Crisis

A false fix for the mortgage crisis

As the government, housing advocates and banks like Citigroup and JPMorgan Chase struggle to streamline loan modifications and stave off foreclosures, one tactic keeps coming back to life as a sure-fire weapon: the 90-day mortgage moratorium.

Kicking the Wall Street habit

As Barack Obama readies himself to lead the United States through what appears to be a scathing recession, he faces a choice between feeding the political sphere's Wall Street addiction and investing in economic progress. Two key former Clinton cabinet officials could determine which course he takes.

Home ownership is not a dirty word

At Economist’s View, Mark Thoma brings up a subject no one seems to want to talk about anymore - helping people with modest incomes buy homes.

AIG bailout raises bar for action on mortgages

When the government bailed out Bear Stearns in March, plenty of people on Main Street complained it wasn’t fair to save an investment bank and do nothing to help homeowners. Imagine how they feel now.
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