The Wall Street Journal Former Fannie Mae CEO, speaking on a panel at a conference, says that an influx of investors into the housing market – rather than government policy – was the main cause of the housing market’s collapse. Read the full story http://blogs.wsj.com/developments/2012/04/20/raines-dont-blame-homeowners-government-for-housing-bust/ [Read More]
The Wall Street Journal Former Fannie Mae CEO, speaking on a panel at a conference, says that an influx of investors into the housing market – rather than government policy – was the main cause of the housing market’s collapse. Read the full story http://blogs.wsj.com/developments/2012/04/20/raines-dont-blame-homeowners-government-for-housing-bust/ [Read More]
Wall Street Journal Two U.S. Senate Republicans are urging the Treasury Dept. to cancel its plans to subsidize debt forgiveness for troubled homeowners, saying the money would be better off reducing the federal debt. Read the full story http://blogs.wsj.com/developments/2012/04/17/gop-senators-forget-write-downs-pay-down-debt-instead/ [Read More]