Tags » Mortgage Crisis

Millions of American Homeowners Are Still Reeling From the Housing Crisis

It’s been five years since America’s housing crisis officially ended, but nearly six million American homeowners still underwater on their mortgages, a new report finds. 203 more words


Take a Load Off Fannie - Salvaging the Mortgage Giants Without Bankrupting the Taxpayers

Fannie Mae and Freddie Mac own or guarantee nearly half the $12 trillion U.S. mortgage market. Not long ago, they were the darlings of Wall Street, ranking next to U.S. 2,560 more words

Community Glue: differentiating urban communities by their social emphasis

Since leaving college in Atlanta and “going West, young man!”, I’ve lived in the San Francisco Bay Area and Portland, the former a lot longer than the latter (15 vs. 1,038 more words


Alan Greenspan Former Federal Reserve Chairman Warns of Impending Global Retirement Crisis. Never seen Video Footage included - CWEB

CWEB.com – “Populations everywhere in the Western world are aging and we are not committing enough of our resources to fund that,” Greenspan said Thursday on… 758 more words

You never really own your home

You never really own your home, in the same sense as you own your computer. With your computer, you bought it at the store, and now you can do anything you want with it. 481 more words

Big Government

The U.S. Government Bank Prosecution Racket

A recent Wall Street Journal article highlighted the astounding value of $110 Billion that various federal and state governments have received from their prosecution of banks for their alleged part in “creating” the conditions for the mortgage-induced financial market crash that led to the Great Recession.  897 more words