Carney: How the New York Times Misread Trump’s Tax Bills
Capital asset depreciation and mortgage interest deduction explain the Trump tax story better than the New York Times narrative of failure.
Mortgages - Page 3
Feds Report Millennials Face $1 Trillion in Debt, Majority Is Student Loans
At the end of 2018, young Americans age 19 to 29 faced $1 trillion in debt, mostly for student loans, according to the Federal Reserve.
Home Builder Confidence Surprisingly Strong in February
Renewed confidence among home builders hints at a recovery in one of the markets that slumped most in 2018.
Banking Chair Mike Crapo Proposes Breaking Up and Privatizing Fannie and Freddie
The GOP Senator wants to return Fannie and Freddie to the private market but also cap their market share and introduce competition in the mortgage guarantee business.
New Home Sales Surged Higher in November
New-home sales ran at a seasonally adjusted annual 657,000 rate in November, the best rate in eight months.
Trump Administration Says No to Hedge Fund Jailbreak Scheme for Fannie and Freddie
A spokesman just shot down the notion that Trump Administration might unilaterally release Fannie and Freddie from government control.
Fed Fail? Sales of New Homes Crash as Higher Interest Scare Buyers Away
President Trump thinks interest rates have been rising too quickly. Would-be home buyers seem to agree.
Housing Market Wobbles, Supporting Trump’s Case Against Fed Rate Hikes
Housing starts and mortgage applications were lower than expected. It may be time for the Fed to rethink its plan to hike interest rates further.
Phony Obamacare Attack Aimed at Luring Conservatives to Support a Hedge Fund Windfall
Earlier this week, Fox News’ Tucker Carlson asked a guest on his show if it were true that the United States government has been “looting” Fannie Mae and Freddie Mac.
Report: Justice Department Extorts Companies to Fund Left-Wing Activists
A new report from the Government Accountability Institute (GAI) concludes that the Obama administration’s Department of Justice has been extorting fines from major banks, which are then used to fund leftist groups that push the Democratic vote.
Democrat Civil War: Progressives Target Potential Clinton Veep Julian Castro
The tension among Republicans after a lengthy presidential primary that began with seventeen contenders and ended with Donald Trump as the nominee, gets all the media attention, but the Democrat civil war has also been quite vicious.
Obama Makes New Push for Minority Mortgages
The Obama administration is demanding that minorities again receive preferences to qualify for mortgages–the same policy that helped trigger the sub-prime mortgage crisis and the 2007-8 financial crash.
Russians with U.S. Dollar Mortgages Devastated by Ruble’s Fall
Tens of thousands of Russians who took on lower-interest foreign currency-denominated mortgages in the years before the financial crisis now struggle with repayments as the rouble’s value shrinks.
