Protecting the Housing Mission at All Times
Barry Zigas, who headed Fannie Mae's community lending operation until 2006, and has a long history in affordable housing, is one of the most astute observers of the GSEs, especially from the...
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Asset Building Event: What are Fannie And Freddie Doing to Stem the Tide?
Fannie Mae found itself on the front pages once again this week with the news that it lost $29 billion in the third quarter of 2008. Scarier still, Fannie's net worth, which was $44 billion at the end...
View ArticleHow to Ruin a Good Announcement
The announcement yesterday of new procedures for streamlined modifications of primarily prime mortgage loans in trouble was a perfect example of a good (albeit overdue) program being drowned by a...
View ArticleJames Lockhart and Ellen Seidman on Fannie, Freddie, and the Conservatorship
James Lockhart, Director and Chairman of the Oversight Board at the Federal Housing Finance Agency (the entity overseeing Fannie Mae and Freddie Mac) joined Ellen Seidman to discuss the conservatorship...
View ArticleWe Can't Afford This House
August 2, 2010Reihan Salam Christopher Papagianis August 2, 2010At the end of June, the House of Representatives voted to extend the $8,000 homebuyers' tax credit, by an extraordinary margin of 409-5....
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The Future of Homeownership
One of the big issues left unresolved after the financial reform debate is what to do about Fannie Mae and Freddie Mac. Truth is, the bigger issue is "what to do about homeownership policy in the...
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Automatic Mediation Works to Avoid Costly and Unnecessary Foreclosures
Despite the return of the stock market, the housing market remains a mess and is filled with uncertainty. Scores of families across the country are on the cusp of losing their homes and being displaced...
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Podcast: The Uncertain Future of Housing Finance Reform
The shambles of the housing market is placing pressure on families and communities across the country. Policymakers need to expand mechanisms to deal with the current wave of foreclosures, but they...
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Fannie and Freddie did not Cause the Financial Crisis
I missed this on my way out of town, but I wanted to steer people to this article by Joe Nocera of the New York Times.He writes about the workings of an ideologically-driven campaign to lay the entire...
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Asset Building News Week, Feb 20-24
The Asset Building News Week is a weekly Friday feature on the The Ladder, the Asset Building Program blog, designed to help readers keep up with news and developments in the asset building field. This...
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Asset Building News Week, Feb 27-Mar 2
The Asset Building News Week is a weekly Friday feature on the The Ladder, the Asset Building Program blog, designed to help readers keep up with news and developments in the asset building field. This...
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Asset Building News Week, October 22-26
The Asset Building News Week is a weekly Friday feature on The Ladder, the Asset Building Program blog, designed to help readers keep up with news and developments in the asset building field. This...
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The Risks and Rewards of Homeownership
Historically, owning a home has been part of achieving the “American Dream.” This long-standing narrative posits that with enough hard work anyone in the U.S. can rise from modest beginnings to true...
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