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There are a lot of different news outlets and political blogs pointing fingers at who's to blame for the financial crisis and why Americans should or should not support the failed bailout (or...

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A key provision added to the bailout bill by Democrats last week, and a provision that likely dissuaded about two-thirds of House Republicans from voting "Aye" on the failed bill today, deals with...

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Yesterday, the White House renewed its threat to veto the housing bill that will be voted on tomorrow by the House if it contained a $4 billion block grant program for states to buy foreclosed homes...

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This Wednesday the House will vote on a housing bill that is expected to include a rescue for Fannie Mae and Freddie Mac. Investors have been concerned about the financial health of both...

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The Fed approved new mortgage lending rules on Monday in hopes of stemming "shady lending practices." Most of the new rules will affect subprime borrowers who have been the largest group of victims...

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President Bush and Fed Chairman Ben Bernanke both spoke today on the economy and the continued difficulties financial markets are facing. At a White House press conference, Bush told lawmakers...

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Fannie Mae and Freddie Mac own over half of the $10 trillion in home mortgages in the U.S. combined. These two government sponsored entities are seen as the wheels that make the mortgage industry...

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On Friday, the Federal Reserve released documents showing why, in March, it chose to save Bear Stearns from bankruptcy. Ultimately, the Fed felt compelled to do something because of fear that...

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The New York Times, on February 23, 2008, published an article that elaborated on a Bank of America sponsored housing relief package that was being proposed to Congress, in order to curb further...

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President Bush has repeatedly said that he would veto any House or Senate housing bill/ foreclosure package that helps out lenders and/or speculators. Of course, it's interesting he continues to say...

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Senator Chris Dodd said Tuesday that he was aware that Countrywide Financial had assigned him to a V.I.P. program in 2003 (the beginning of the subprime boom) when he refinanced his mortgages on his...

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The most recent data released on the number of subprime mortgage borrowers who've received help by lenders over the last few months, is likely dubious in its accuracy or its detail. And,...

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This past weekend, The Washington Post began a three-part series that examines all of the avarice, pride, and myopic lending during the subprime boom. Overall, the series, written by Alec Klein...

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Since the rescue of Bear Stearns, there have been dissenting views within the Fed that have suggested the governmentisinducing more risk takingby lenders.The Richmond Fed President, Jeffery...

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As lawmakers make final adjustments and revisions to the House and Senate Housing Bills that will head to President Bush's desk in the coming weeks, I have to ask: Why is it taking this long to help...

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