by Jane Richey | Dec 12, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility
Suppose you saw a building on fire. Would you seek counsel from the arsonist who set it ablaze for advice on how to put it out? You say, “Williams, you’d have to be a lunatic to do that!” But that’s precisely what we’ve done: turned to...
by Jane Richey | Aug 18, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Politics
Congressional Republicans are blasting the White House’s decision to rework the government bailout of housing giants Fannie Mae and Freddie Mac. The Treasury Department’s decision to modify some terms of the nearly four-year federal lifeline is drawing...
by Jane Richey | Jul 26, 2012 | Fiscal Responsibility
The average rate on the 30-year fixed mortgage fell again, this time dropping below 3.50 percent for the first time on records dating back 60 years. Mortgage buyer Freddie Mac said Thursday that the rate on the 30-year loan declined to 3.49 percent. That’s down...
by Jane Richey | Apr 20, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility
For the past several years, it’s not been an uncommon sight in Anytown, USA, to drive down the street and see home after home for sale after going through foreclosure. They are the still-lingering hangover from the housing crash that began in 2007. Though the true...
by Jane Richey | Apr 11, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
The nation’s top housing regulator on Tuesday signaled a willingness to reduce mortgage principal for some borrowers but stopped short of endorsing a plan that would attempt to do that. Edward DeMarco, acting director of the Federal Housing Finance Agency (FHFA), said...