Topic: Fannie Mae
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What can be done to create jobs? Six leading ideas.
The job market has shown some very welcome signs of improvement lately, but it still has a long way to go before approaching something Americans would call normal. Here’s a look at some of the proposed solutions out there.
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How the tea party can 'agree' with Occupy movement's demands
Given the somewhat amorphous slogans of the Occupy Wall Street movement, members of the tea party may be wondering if they should join the fray. University of Denver law professor Robert Hardaway suggests how the tea party might “agree” with five of the Occupy movement's top demands – in its own way:
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Six ways the rich really do get richer
“Class warfare:” Lately this old term has been taking on new life as political theater, a way to rebuke Wall Street protestors, and, predictably, fodder for Fox News. According to Google, in just the last month alone, 3,870 articles have been published containing these words. Another way to express the concept of rich vs. not-so-rich is the expression, “The rich get richer and the poor get poorer.” It’s been around for a long time: According to Wikipedia, William Henry Harrison went there in 1840: “I believe and I say it is true Democratic feeling, that all the measures of the government are directed to the purpose of making the rich richer and the poor poorer.” I’m not going to take a stand on either side of the “class warfare” debate by saying that the rich do or don’t take unfair advantage of the rest of society. This is America, where we all have the potential to become rich. But I will say this unequivocally: The rich do get richer, or at least have the potential to. Let’s count the ways:
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Steve Jobs: One of the greatest business leaders?
Steve Jobs was certainly a CEO deserving of his renown, but was he the best?
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Getting bin Laden and five other boosts to Obama's reelection bid
"Yes We Can” was so 2008. Now President Obama is the incumbent, with a record to defend. Here are his top six accomplishments, including the killing of Osama bin Laden.
All Content
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Paper Economy
Home prices increase
In March, home prices increased 1.78 percent since February, rising 2.69 percent above the level seen in March 2011.
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Paper Economy
Fannie Mae: delinquent loans dropping
Total serious single family delinquency declined slightly in March, but remained at distressed levels.
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The New Economy
Foreclosures down, short sales up. Are banks getting smart?
Foreclosures are down to their lowest levels in nearly five years. One reason: Lenders are increasingly using short sales, instead.
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Romney's former rivals gloss over earlier anti-Romney remarks
One by one — with the exception of holdout Ron Paul — the GOP also-rans have coughed up endorsements of their onetime rival.
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Forgiving mortgage loans would save taxpayers money, say Fannie Mae papers
Mortgage loans giant Fannie Mae supported principal reductions for some struggling homeowners in 2009
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Home prices: New numbers raise hopes they're finally starting to stabilize
Declines in home prices may be slowing, according to one report, while another has found the first year-on-year increase in prices since July 2007.
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The Circle Bastiat
2012: The year of the junk bond
The first quarter of 2012 will go down as the most active for junk bond issuance since 1980, when Thomson Reuters began keeping track, with 130 companies floating $75 billion in debt offerings.
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Paper Economy
Delinquent home loans increase
In January, 3.08 percent of non-credit enhanced loans went seriously delinquent.
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Why Obama is unveiling mortgage relief plan on Super Tuesday
President Obama will announce a mortgage relief plan to help some 3 million homeowners. Is it coincidence that Obama's first news conference since November is during Super Tuesday?
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Paper Economy
Home prices increase
Nationally, home prices increased 0.71 percent since November but declined 1.32 percent below the level seen in December 2010.
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The Circle Bastiat
The decline of the shopping mall
Shopping malls across the country are experiencing near-record vacancy rates, thanks a flagging retail market.
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Wages of sin in Greek debt crisis
Accepting a 22 percent wage cut is difficult when Greeks don't agree on responsibility for their debt crisis. Shared sacrifice would be easier if they owned up to their role.
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Obama plan to lower mortgage payments could help, but how much?
President Obama unveiled his plan to cut mortgage payments for 'responsible homeowners' in trouble. But the housing crisis is so massive that no one program can solve it, experts say.
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A CEO as US president? America is not a business, Mitt Romney.
Romney was a one-term governor, but he is surely the 24-carat chief executive officer. There are huge differences in skills required to be a successful CEO and a president of the United States. Presidents, for example, have to make life-and-death decisions that go beyond spreadsheets.
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On the Economy
Good housing legislation could save the economy
Housing is the one area of policy with the greatest potential to actually move the needle on the economy
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White House proposes new help for troubled mortgages. Too little, too late?
President Obama's mortgage modification program has helped only a fraction of Americans under water. New measures have been proposed, but they could be costly to taxpayers.
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A confident Romney zings Gingrich in Republican debate No. 19 (+video)
MItt Romney was ready to answer questions about his wealth and to rebut rival Newt Gingrich during Thursday's Republican debate, the last before the Florida primary on Tuesday.
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The New Economy
America owes $10 trillion! No, $50 trillion! Let me explain.
Estimates of America's debt vary by tens of trillions of dollars, depending on how you count. The bottom line: It's deep but not yet fatal.
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Romney paid about 14 percent income tax in 2010
For 2011, he'll pay about $3.2 million with an effective tax rate of about 15.4 percent, the campaign said. Those returns haven't yet been filed yet with the Internal Revenue Service.
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What can be done to create jobs? Six leading ideas.
The job market has shown some very welcome signs of improvement lately, but it still has a long way to go before approaching something Americans would call normal. Here’s a look at some of the proposed solutions out there.
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Change Agent
In Ohio, a fresh approach to help struggling homeowners
ESOP works by acting as a good-faith liaison between mortgage lenders and borrowers, helping people who are straining to pay their mortgages stay in their homes.
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The Circle Bastiat
Strategic foreclosure: Why people are ditching their mortgages
More and more, indebted homeowners are deciding to walk away from their mortgages, instead of facing forced foreclosure. Who will pay the discarded debt?
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The Circle Bastiat
The week's biggest financial news
The Fed defends the housing bubble, Fannie Mae's CEO resigns, and Obama wants to convert foreclosed properties into rentals
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Jon Huntsman looks to pull a 'Rick Santorum' in New Hampshire
Jon Huntsman has made numerous appearances in New Hampshire, but local political observers are skeptical about whether he can connect with a sufficient range of voters in Tuesday's primary.
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Newt Gingrich: Challenges ahead, but 'he's still dangerous'
Newt Gingrich is taking flak from his GOP rivals and some conservative commentators on things like Freddie Mac and his ideas about the federal judiciary. But as his fellow debaters have learned, he can be a well-armed and highly-confident opponent.
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