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

    • subprime mortgages

    Countrywide Gave VIP Loans to Top Policymakers, Regulators

    July 5, 2012 at 3:10 pm

    1 Comment

    The now defunct Countrywide Financial Corp. issued hundreds of discounted loans to government officials and Fannie Mae employees in order to build clout with influential policymakers, a new House report shows. The report, issued by the House Oversight and Government Reform Committee, details several Countrywide VIP loans that were given … More

    Morning Bell: What if Fannie and Freddie Were Eliminated?

    April 20, 2012 at 9:18 am

    63 Comments

    Photo credit: Newscom

    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 cause of what burst … More

    View Authors
    The Morning Bell
    Morning Bell: What Did Apple Do Wrong?

    Members of Congress called Apple executives to testify on Capitol Hill yesterday. Why? Because the company makes money overseas, and some Senators want to get their hands on the cash. A Senate subcommittee accused the company of “shifting” profits from the U.S. to other countries and avoiding paying taxes. But … More

    More
    More Videos