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Category Archives: Mortgages
NYT: ‘Redlining’ Home Loan Discrimination Re-emerges as a Concern for Regulators
Comments at NYTimes.com: * The Democrats’ obsession with continuing to capture black votes led directly to the “sub-prime mortgage” meltdown. Give loans for those who cannot afford to repay them (ditto with Obama’s takeover of student loans, now over $1,200,000,000,000 … Continue reading
That Mortgage Meltdown in Prince George’s County Among African Immigrants
Steve Sailer: From the Washington Post, a story of an African immigrant family who have racked up $1.3 million in debt, even while not paying their mortgage for over six years. Is plight exactly the right word to describe somebody … Continue reading
Posted in Mortgages
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Mortgage Crisis Means No Tighter Regulation Of “government sponsored enterprises” (GSEs)
I cover the refinance industry here. David Smith writes: Roughly ten days ago, the Administration officially flew the white flag in attempting any further regulation of the GSEs. Legislation not pending? As reported by The Wall Street Journal, with … Continue reading
Posted in Economics, Mortgages, Politics
Tagged balance sheets, david smith, equity capital, executive summary, fannie freddie, fannie mae, fannie mae and freddie mac, financial turmoil, freddie mac, government sponsored enterprises, home mortgage, mortgage investors, mortgage market, mortgage securities, paulson, regulators, surcharge, u s home, wall street journal, white flag
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