EconomyCommentary
FHFA Should Not Give GSEs New Lease on Life
Mel Watt, President Obama’s new Federal Housing Finance Agency (FHFA) director, has broken his silence and has left no doubt that he will break with… Read More
EconomyCommentary
Mel Watt, President Obama’s new Federal Housing Finance Agency (FHFA) director, has broken his silence and has left no doubt that he will break with… Read More
In an effort to reform the nation’s housing finance system, Senate Banking Chairman Tim Johnson (D-S.D.) and ranking member Mike Crapo (R-Idaho) will hold a… Read More
Secretary of Housing and Urban Development (HUD) Shaun Donovan lamented statistics from a Pew report showing Hispanics lost 66 percent of their net worth between… Read More
Josh Rosner, who in Reckless Endangerment (2011) exposed the cronyism of Fannie Mae and warned of a meltdown of the government-sponsored enterprises (GSEs) as far… Read More
Senators Tim Johnson (D–SD) and Mike Crapo (R–ID) recently released their new housing finance reform bill. As expected, the new bill makes the bad features… Read More
The Washington Post has an article detailing the ups and downs of the Obama Administration’s Home Affordable Modification Program (HAMP). Heritage previously pointed out several… Read More
Bloomberg News is reporting that Senators Tim Johnson (D–SD) and Mike Crapo (R–ID) have completed a bill that will finally eliminate Fannie Mae and Freddie… Read More
As Congress continues to delay shutting down the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac, affordable housing advocates are ramping up the pressure on… Read More
Freddie Mac and Fannie Mae—the two government-sponsored enterprises (GSEs)—are back in the news again, this time because they appear to be helping taxpayers by reducing… Read More
Last week, Chairman Dave Camp (R–MI) outlined a new reform proposal that included a punitive tax on some of the largest banks in the U.S…. Read More