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Archive for the 'Housing Non-solutions' Category

09
Feb

Foreclosure Board Ups

Looking through the news today, I noticed many articles with blurbs about Obama’s plans to fix the economy, get millions more Americans working and provide a base for housing prices.  Mix that with blurbs from local and state politicians and their foreclosure prevention thoughts for a nice soup of conflicting thoughts and plans.
Knowing everyone involved [...]

01
May

Gotta love the FDIC

Sheila Bair, the chairman of the Federal Deposit Insurance Corp., wants the government to make loans to borrowers with mortgages they can’t afford, particularly those buyers who had high levels of debt when they originally took out their home loans.
from the Boston Herald

I guess I should expect the government to think it’s a good idea [...]