Seniors Leading the New Wave of Foreclosures Editor’s Comment: I think the figure is closer to 10 million, but I went with the title of the article by Mandi Woodruff on Business Insider. Unless the mortgages are corrected to reality in the marketplace instead of the fiction that prevailed when they were defectively “originated”, households …
Housing Regulator Defies White House Obama’s Next Move Unknown Editor’s Comment and Analysis: It’s unanimous! Except for DeMarco, the housing regulator who won’t let Fannie and Freddie cooperate with principal reductions. Why not? “The Federal Housing Finance Agency’s own analysis has shown that principal reduction could help up to 500,000 homeowners and save taxpayers as …
Why DeMarco Won't Allow Principal Corrections Despite Instructions Read More »
