• The Heritage Network
    • Resize:
    • A
    • A
    • A
  • Donate
  • refinancing

    Obama: End Fannie and Freddie, but Keep Government in Housing Business

    President Obama lent his voice today to the growing consensus in Washington that federally sponsored housing giants Fannie Mae and Freddie Mac must go. While this is a welcome stance, he also called for new government guarantees for the housing finance market, which would only perpetuate the dangerous taxpayer subsidy … More

    Mortgage Settlement Sounds Better for Homeowners Than It Is

    From the hype surrounding the newly announced $26 billion settlement over abusive foreclosure and mortgage servicing practices, one might think that it would single-handedly solve the housing crisis and end underwater mortgages. This is not the case. Like the many versions of President Obama’s refinancing plan, this settlement has large … More