The events that brought about the Great Recession, and the circumstances that have combined to transform that recession into an ongoing jobless Lesser Depression, are the result of widespread but erroneous beliefs about economic...
Read MoreAs part of the Administration’s plan to increase homebuyer use of private mortgage insurance (PMI) on mortgages underwritten or purchased by Fannie Mae and Freddie Mac, the Federal Housing Finance Agency (FHFA) has proposed...
Read More37,734 new and resale home transactions closed escrow in California during August 2011, a sharp (and likely brief) jump from one year ago when 34,239 sales closed escrow. For home sales volume, August is the first month in 2011...
Read MoreCurrent U.S. financial policy sustains an unbridgeable gap between the demands of those who owe and those who are owed. This article explains why things didn’t have to be this way.
Read More34,695 new and resale homes closed escrow in California during July 2011, slightly lower than one year ago when 35,202 sales closed escrow. No month in 2011 has yet equaled its corresponding month in 2010. July 2011 numbers...
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