August/05/2014 5:49AM
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If you wanted to create a housing bubble, what would you do? First, have a president like Bill Clinton say “owning your own home is a basic right in  America”.  Then you put in place lending organizations that will make that happen. Like Freddie, Fannie, and the FHA. Government run institutions that will buy any bogus mortgage Read the full article…

November/03/2011 16:24PM
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Ever hear the name Edward DeMarco? He’s the acting director of Federal Housing Finance Agency. Despite pressure, he refuses to write down the principal on loans held by Federal agencies like Freddie and Fannie or the FHA. The “just make the problem go away” gang is the usual suspects, Richard Durbin and Barney Frank leading Read the full article…

October/27/2011 16:20PM
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As his approval ratings hit a new low of 44%, the president hot on the campaign trail announces yet another misguided plan to help the housing market. Called HARP, the Home Affordable Refinance Program, it is just another sham effort to convince the public that Obama has no clue about the problems in the housing Read the full article…