Tags » Mortgage Crisis

Who Stole the American Dream?

Last semester, I took a class at the American Baptist School of the West (ABSW) – part of the Graduate Theological Union in Berkeley, CA – titled, “Non-profit as Prophet.”  Part of the required reading was several chapters of the book, … 638 more words

Layoffs

Homeowners Tip: Notice of Pre-Foreclosure Options

The Foreclosure Fairness Act went into effect in its current form in July 2012. The better-known component of this legislation is mediation, which can only be requested by an attorney or housing counselor and only after a homeowner receives a Notice of Default. 430 more words

Housing

Who Really Caused the Crash of ’08?

By Dwain Handley

Republicans are fond of a tantalizing narrative about the financial crash of the last decade. That storyline blames the Clinton Administration for making credit too easily available to unworthy borrowers.   1,385 more words

Economics

Fannie Mae Has Paid You Back!

Alright, maybe they haven’t paid you back directly.  They have paid pack the US Government.  The Federal National Mortgage Association, or Fannie Mae as it’s more commonly known is a government sponsored enterprise (GSE).   472 more words

General