Mortgages

High Foreclosure Rates Could Lead to More Defaults in Las Vegas

Willingness to default on home loans has been found to increase in ZIP codes with high foreclosure rates, leaving foreclosure-heavy Las Vegas in danger.

8 August 2009 - 1:00pm

The Las Vegas Sun

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2 comments

Incentives for Energy Efficiency Expanding

The Department of Housing and Urban Development and the Federal Housing Administration are looking to increase energy efficiency incentives for homeowners, including opportunities for larger home loans.

28 July 2009 - 9:00am

Los Angeles Times

Obama's $75 Billion Plan to Save America's Homes

President Barack Obama has announced a $75 billion plan to help counteract home foreclosures -- a move that aims to allow more than 9 million Americans to refinance their troubled mortgages.

18 February 2009 - 1:00pm

The New York Times

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5 comments

Banks Exacerbating Foreclosure Crisis

Banks and financial institutions are making the foreclosure crisis worse, as lobbying efforts seek to block bankruptcy courts from gaining more power to reduce debt, according to this article from Der Spiegel.

17 February 2009 - 11:00am

Der Spiegel

Mexico Fighting Police Corruption Through Homeownership

Officials in Mexico are looking to crack down on rampant police corruption with an unlikely carrot: mortgages.

7 October 2008 - 8:00am

Associated Press

Lance Freeman

Some Lessons from the Credit Crisis

Tue, 09/23/2008 - 17:24

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.

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Bush Signs Housing Bill

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.

30 July 2008 - 9:00am

The New York Times