by Jane Richey | Jun 6, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility
he bulk of new affordable housing to be part of the massive Tysons Corner redevelopment plan is slated for households making six figures — or close to it — according to an analysis to be unveiled Wednesday. The plan calls for developers to set aside 20 percent of new...
by Jane Richey | Apr 20, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility
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 began in 2007. Though the true...
by Jane Richey | Apr 9, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
The Consumer Financial Protection Bureau (CFPB) is looking to overhaul the mortgage servicing industry, arguing that the problem-plagued sector is unaccountable and opaque. The CFPB announced Monday that it was mulling rules to reform that industry, which has been...
by Jane Richey | Mar 5, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility
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, we...