The truth behind these real estate myths will set you free
Is real estate a real investment? Are you contra cramdowns? All about arbitration? CAR devotees listen up: we are putting these dangerous myths to rest.
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Tag: moral hazard
Out with DeMarco, in with cramdowns
Attorneys general from nine states — including California’s own Kamala Harris — have called for the replacement of the Federal Housing Finance Agency’s (FHFA’s) acting director, Edward DeMarco. The FHFA dictates the actions of Fannie Mae and Freddie Mac (Frannie).
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A formula for debt forgiveness
To ensure the greatest compassion and efficiency in the marketplace, lenders ought to develop and disclose a forgiveness formula, according to a prominent University of Chicago economist.
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