Why We May See A 'Generation Of Permanent Renters'

Business | Robert Donachie
A new home is being built next to a home with a for sale sign on a street in Vienna, on the morning the National Association of Realtors issues its Pending Home Sales for February report, in Virginia March 27, 2014. REUTERS/Larry Downing

‘They are missing out on [a big] source of middle-class wealth’

Housing nominee Mel Watt helped create the subprime crisis

Politics | Charles C. Johnson

In rush to give homes to welfare recipients, Obama’s choice for FHFA head bankrupted the agencies he’s supposed to regulate

Documents: Plaintiffs in 1995 Obama-led Citibank lawsuit submitted class action claims - TheDC

Politics | David Martosko

Previously unpublished records show Barack Obama‚Äôs class action clients’ complaints about Citibank’s lending practices

Barack Obama, subprime pioneer - TheDC

Politics | Neil Munro

With landmark lawsuit, Barack Obama pushed banks to give subprime loans to Chicago’s African-Americans

Chicago Underwater - TheDC

Politics | Melissa Quinn
Barack Obama Chicago Lawsuit

In addition to increased foreclosures in Chicago, crime rates have skyrocketed as more and more homes are boarded up

Obama's African-American clients got coupons, not cash - TheDC

Politics | Stephen Elliott

‘We should have gotten some type of monetary reward from the lawsuit, which we didn’t’

Gov. Patrick 'proud' of his subprime mortgage work - TheDC

Business | Neil Munro

Obama campaign co-chair tied to company that sold risky mortgages that hurt the US economy in 2007

Obama campaign co-chair tied to subprime mortgage crisis - TheDC

Elections | Will Rahn

Deval Patrick served on the board of a company that is widely blamed for helping start the subprime mortgage crisis in 2007

Frank on mortgage crisis: 'Could I have done more? No' [VIDEO] - TheDC

Politics | Nicholas Ballasy

‘I was in not charge of anything until 2007. In 2004, with regard to subprime loans, I was slow to see the crisis’

BofA may take Countrywide into bankruptcy to cut litigation costs - Bloomberg

Business | InternAdmin

Analysts call bankruptcy ‘nuclear’ option, threat may be used for leverage against plantiffs in bad mortgage cases

Wells Fargo settles subprime mortgage-abuse case for $85 million - AP

Business | InternAdmin

Nation’s largest mortgage lender settles Federal Reserve’s charges for record amount

Issa issues first subpoena for Countrywide VIP documents - TheDC

Politics | Jonathan Strong

Darrell Issa’s first subpoena demands documents related to lawmakers’ special mortgage deals

Fannie, Freddie reform unlikely soon - TheDC

Politics | Amanda Carey

Partisan gridlock will make significant reform to government-backed Fannie Mae and Freddie Mac politically unrealistic

White House plans phase-out of Fannie, Freddie - WSJ

Politics | Chad Brady (admin)

The Obama administration is expected to include three options for a post-Fannie and Freddie world when it releases its proposal, which could come as soon as Friday

Republicans call for swift action to weaken Fannie and Freddie - WaPo

Politics | Chad Brady (admin)

Rep. Scott Garrett says the government must take immediate steps to craft a longer-term plan to privatize the nation’s mortgage market

Bernanke delivers grim warnings on nation's fiscal standing - TheDC

Politics | Jon Ward

As deficit and debt aggressively climbs, Bernanke warns of ‘catastrophic’ consequences of default

Three reform options for Fannie Mae and Freddie Mac that can get through Congress - TheDC

Politics | Amanda Carey

Confusion abounds as to what direction House Republicans will take

Legal bills for Fannie and Freddie abuses cost taxpayers $160 million - NYT

US | interns

Since the government takeover the government has been footing the legal bills for Fannie Mae and Freddie Mac

A ton of bailed-out banks are on the brink of collapse - Business Insider

Business | wrahn

98 American banks that received $4.2 billion in bailout money are teetering on the edge of collapse

Treasury will sell Citi shares, expects profit - WSJ

Business | interns

U.S. looks to sell last of its Citi common shares