EconomyCommentary
Next month will mark seven years of federal government conservatorship of the two government-sponsored mortgage giants, Fannie Mae and Freddie Mac. To cap off this… Read More
EconomyCommentary
More than six years out from a government-driven housing bubble, the chief regulator at the Federal Housing Finance Agency, Mel Watt, and the Department of… Read More
EconomyCommentary
Revealing just how difficult it is for politicians to learn from even recent history, the Secretary of Housing and Urban Development (HUD), Julian Castro, is… Read More
EconomyAnalysis
The Federal Housing Administration, a primary government mortgage insurance guarantee agency, is leading a renewed push for government-insured “affordable” home loans. In an attempt to… Read More
EconomyCommentary
A government agency wants to roll back penalties on banks that make errors when providing mortgages backed by government. If a loan is backed by… Read More
EconomyNews
NASHVILLE — U.S. Sen. Bob Corker, R-Tenn., is pushing for legislation to create a federal entity to regulate the housing market, six years after the… Read More
EconomyCommentary
There never has been a shortage of vapid policy analysis in Washington, and the current generation of pundits and reporters is no exception. Take the… Read More
EconomyAnalysis
Get government out of the housing market – that’s the message Rep. Jeb Hensarling, R-Texas, has for the housing industry. According to Hensarling, government intervention… Read More
EconomyNews
An unusual mix of political leaders on the left and right dealt a major blow to a housing finance bill yesterday, leaving its prospects for… Read More
EconomyNews
Several key Democrats refused to support a housing finance bill in a Senate committee today, leaving its prospects for passage unlikely this year. The measure… Read More
EconomyNews
The Senate Banking Committee meets today at 10 a.m. to consider a housing finance bill that eliminates Fannie Mae and Freddie Mac but leaves taxpayers… Read More
Obamacare is wreaking havoc on the economy; entitlement spending is swallowing the federal budget; America’s military readiness is in shambles; and a handful of senators… 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
Did you know you are probably responsible for your neighbors’ mortgage payments? What? Heritage expert Norbert Michel explained: Nearly all new residential mortgages are currently… 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
Should the government have a role in the housing market? Fannie Mae and Freddie Mac cost taxpayers billions of dollars, even in good economic times,… 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
You may not have heard much about the housing market lately…but that isn’t because it’s safe. Leaders in Washington were in denial about Fannie Mae… Read More
What’s one thing Congress could do to help the economy and American homeowners? Check out our infographic. Read the Morning Bell and more en español… Read More
Spine-tingling TV shows and movies are always featuring spy capers that are “off-book.” Their existence is on a need-to-know basis, and sure, they’re being funded,… Read More
The whole point of a free-enterprise system is to allow both private gains and losses so that markets don’t end up with shortages and surpluses. Subsidization leads to things like inflated home prices, and inflated markets eventually crash, wreaking havoc on the way down.
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
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
Two Financial Services Roundtable executives, former Governor Tim Pawlenty (R–MN) and former Navy Secretary John Dalton, have penned an article that highlights the key points… Read More
President Obama said something truly great in his State of the Union Address this year. He told Congress: [S]ince the most important investment many families… Read More
Despite what a growing number of voices are postulating, Fannie Mae and Freddie Mac have not returned to profitability. The two former government-sponsored enterprises (GSEs)… Read More
Today Representative Mel Watt (D–NC) assumes his position as director of the Federal Housing Finance Agency (FHFA), which manages the government-sponsored enterprises (GSEs) Fannie Mae… Read More
Ethel Parker had never had a bathroom in her home. She’d walk to the nearest convenience store when she needed to use the restroom, until… Read More
Nearly five years after one of the largest federal government bailouts in American history and the enactment of a colossal federal regulatory law (Dodd–Frank), policy… Read More
LawNews
The Wall Street Journal is reporting that the parties in the Fair Housing Act case pending before the Supreme Court have reached a tentative settlement… Read More
