Should investors trust the forecasts coming from an institution with a history of making bad forecasts?
State and local governments still in desperate need of reform
The housing market recovery won’t solve state and local governments’ long-term problems.
Menendez-Boxer refinance plan will entrench government housing
The plan would redistribute income from investors to homeowners.
How to restore trust in mortgage-backed securities
Mortgage finance risk won’t return to the private sector until investors have faith in mortgage-backed securities.
Banks set minimum quotas on foreclosure documents, increasing mistakes - TheDCNF
In what has been the biggest housing market collapse since the Great Depression, banks have made a business in collecting and cashing in on foreclosed homes. In a Wells Fargo bank in Charlotte, N.C., “legal process specialists” are expected, if not demanded, to produce ten to eleven affidavit reports a day, reports that bank lenders [...]
Home prices fell in January in most US cities - AP
The housing market remains weak, despite the best winter for home sales in five years
Case-Shiller home price index: U.S. housing market nearing bottom in 2012 - Money Morning
‘We have seen the worst. We are at the bottom.’
Mortgages may be cheaper than ever but that doesn't mean it's time to buy - BI
US housing market is like a case of good cop/bad cop
Fannie and Freddie bonuses are just a symptom of a larger problem
The real problem is the government’s overwhelming dominance in the mortgage market.
Time to end the taxpayer guarantee of mortgage investors
Our housing finance system is broken and needs to be reformed.
