Topic: U.S. Department Of Housing And Urban Development

In yet another clean sweep, the third in a week or so, sales of existing homes dropped twice as much as expected, worse than every economist forecast, to a 15 year low. The pace of existing home sales is the slowest since ...
Shaun Donovan has the worst job in Washington and doesn't seem to know it.. As the new HUD chieftain, Donovan is at the center of the government's efforts to revive the ailing housing market. "Absolutely, it's something I'm concerned about," says Donovan. ...
Overhaul of $849 million Katrina program intended to speed rebuilding funds to small landlordsAn $849 million Hurricane Katrina recovery program hobbled by red tape and the national credit crunch will seek to issue rebuilding money directly to small landlords without the involvement ...

How Much Are Fannie and Freddie to Blame?

Peter Wallison at AEI has out an attempted take-down of economist Paul Krugman (" Fannie, Freddie and You", 7/14/2008), and pretty much anyone else who thinks Freddie and Fannie's role in this crisis during the 2005-2007 period was irrelevant compared to private ...

Organic Market

The collapse of Bear Stearns and Lehman Brothers, and the bailouts of Fannie Mae, Freddie Mac and AIG, have led to an inevitable call for more regulation. Much of the chaos is the result of political failure.. Ethanol mandates and subsidies try ...