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.
Feb 18, 2009 The New York Times
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 <em>Der Spiegel</em>.
Feb 17, 2009 Der Spiegel
Officials in Mexico are looking to crack down on rampant police corruption with an unlikely carrot: mortgages.
Oct 7, 2008 Associated Press
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 Opinion
Sep 23, 2008 By
<p>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.</p>
Jul 30, 2008 The New York Times