Post Tagged with: "housing programs"

December 21, 2012 08:41

Liberal Housing Policies ‘Clearly’ Led to Collapse

“There is a clear pattern of increased defaults for loans made by these banks in quarters around the (CRA) exam. Moreover, the effects are larger for loans made within CRA tracts,” or predominantly low-income and minority areas. – IBD

October 18, 2012 05:59

Another ‘Bama Boondoggle – Over Half of Foreclosures Now ‘Repeats’

It is that delaying the inevitable makes the problem worse. Had these borrowers finished the foreclosure process the first time around, housing prices would have adjusted quicker and the housing market would have also been on the road to recovery quicker.

June 16, 2011 07:27

Housing crash exceeds Great Depression

Using mortgages as a welfare program turned out to be long-lasting poison. [R]ather than the much-noted “double dip,” the housing crisis is actually in an alarmingly steady, though masked, free fall. – IBD

May 19, 2011 06:41

HUD’s ‘Wastelands’

HUD’s latest black eye offers an opportunity to challenge the existence of federal housing programs.