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Jan 31, 2008 — Should mortgage borrowers at risk of losing their home be given a bailout? What about lenders who face lost profits? Four recent polls ask Americans where they stand on these issues.
Jan 28, 2008 — What price should you be paying for a home? It's easy to calculate if you can see how median home prices and median incomes correlate.
Jan 25, 2008 — In a misguided attempt to address mortgage industry problems, Bush's stimulus plan will include a provision to up Freddie Mac and Fannie Mae's loan limits. This dangerous initiative could leave taxpayers on the hook for billions (possibly trillions) of dollars.
Jan 21, 2008 — Although a well-known mortgage trade group is insisting that mortgage lenders are doing all they can to help struggling borrowers, consumer advocates say that the industry could be working much harder. A new report supports this statement and shows that the loan modifications that are being made aren't working.
Jan 09, 2008 — The U.S. government is working to develop a few different programs that are meant to stave off foreclosures. Policymakers may claim that these programs are for struggling mortgage borrowers, it's obvious that their real goal is to bail out the mortgage lenders. The question is: do reckless lenders really deserve to be rescued?
Jan 08, 2008 — Many people may be losing their homes to foreclosure because of legitimate financial crises, but there are even more people losing their homes because of lender follies as well as their own greed and stupidity. Here are five stories in particular that will be sure to induce fits of eye-rolling.
Jan 04, 2008 — If you have followed the news at all over the last few months, then you know that the public has been spoon fed a spate of tearjerker news stories that are meant to paint struggling mortgage borrowers as victims. These stories talk about the importance of staving off foreclosures and helping people who need it, but they very rarely touch on the truth of the matter: most mortgage borrowers were reckless and do not deserved to be rescued.