Tag Archives: foreclosure

What if Fannie Mae and Freddie Mac Disappeared?

For the past several years, it’s not been an uncommon sight in Anytown, USA, to drive down the street and see home after home for sale after going through foreclosure. They are the still-lingering hangover from the housing crash that … Continue reading

Posted in Constitutionally Limited Goverment, Fiscal Responsibility | Tagged , , , | Leave a comment

Obama Foreclosure Answer: Banks Should Reduce Principal on Mortgages

Housing and Urban Development (HUD) Secretary Shaun Donovan said his agency wants to encourage more principal write-downs to keep people in their homes, even when those loans are backed by Fannie Mae and Freddie Mac. “There is increasing data available, … Continue reading

Posted in Constitutionally Limited Goverment, Fiscal Responsibility | Tagged , , , , , | Leave a comment

Is This the Government’s Job?

A Lackawanna County agency that helps homeowners avoid foreclosure and low-income families rehabilitate their homes will get a $77,500 federal grant, U.S. Rep. Lou Barletta announced Tuesday. Read more.

Posted in Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets, Politics | Tagged , | Leave a comment