Mortgages
Mexico Fighting Police Corruption Through Homeownership
7 October 2008 - 7:00am
Associated Press
Officials in Mexico are looking to crack down on rampant police corruption with an unlikely carrot: mortgages.
Some Lessons from the Credit Crisis
23 September 2008 - 5:24pm
The on-going foreclosure and subsequent credit crisis should offer important lessons for housing policy and public policy more broadly. Chief among these lessons might be the falsity of the notion that government regulation is always bad. But some conservative commentators cling to the dogma that government intervention is the root of all evil. An explanation being offered by some is that government intervention in the form of Community Reinvestment Act encouraged irresponsible lending and led to the subsequent housing bust.
Bush Signs Housing Bill
30 July 2008 - 8:00am
The New York Times
President George W. Bush signed into law a package of housing legislation intended to ease the burden on thousands of borrowers who face losing their homes. The legislation will also bail out major mortgage financiers Fannie Mae and Freddie Mac.
