If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!Ever since Fannie and Freddie were taken over by Uncle Sam, both consumers and politicians alike have been wondering what exactly the future holds for the two firms. Certainly from a pragmatic perspective they’ll be eventually released back into [...]
I’m often told that part of the the reason behind government intervention is that Uncle Sam needs to preserve the idea of the “American Dream.” I find this curious considering that I’ve met a number of people who choose not to own a home for a variety of reasons, but still consider themselves fulfilled and [...]
Finally something that we can all get behind: Don’t pay your bills. It’s not my idea, although it has appeal. It’s the Fed’s and it’s the cornerstone of the new Homeownership Preservation Policy. To qualify for aid, the homeowner must be at least 60 days past due on his or her mortgage payments. (This program [...]
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