Widespread principal reduction for underwater homes has long been the Holy Grail for many observers of the housing market, as …
Edward DeMarco
Congressmen Accuse Fannie and Freddie Boss of Ideological Bias
Updated at 1:30 p.m.
There’s a sizable portion of the American public that’s against bailing out underwater American homeowners under any circumstances. That sentiment was most eloquently summed up by CNBC’s Rick …
Building a Better Bailout: Can Fannie and Freddie Help American Homeowners?
Since the financial crisis, American taxpayers have collectively made all sorts of investments that would have been unthinkable ten years ago. We bought stakes in the auto and insurance industries and, perhaps most significantly, …
Is Fannie and Freddie Honcho Ed DeMarco “America’s Most Dangerous Man?”
Ed DeMarco, acting head of the Federal Housing Finance Agency (FHFA), doesn’t have the look of a comic-book super-villain, but if you listen to some of the barbs his critics hurl at him, DeMarco is more dastardly than The Joker …