by Jane Richey | Aug 27, 2013 | Fiscal Responsibility
The U.S. government will fund $313 million in home mortgages for Palestinians living on the West Bank, according to a Government Accountability Office report released Monday. The U.S. will also guarantee $110 million in loans to small- and medium-sized businesses...
by Jane Richey | Aug 23, 2012 | Fiscal Responsibility, Politics
Vice President Joe Biden, speaking at a high school in Detroit Wednesday, said “it won’t cost the government a penny” to help more homeowners stay in their homes, “if the Republicans would just get out of the way.” Biden took credit for cutting taxes for the middle...
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 | Mar 9, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
With no authorization from Congress, President Barack Obama has announced that his administration–through the Federal Housing Administration–will insure refinanced mortgages for 2 to 3 million borrowers without verifying their income or even if they hold a...
by Jane Richey | Mar 5, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility
MoveOn.org is pressing Obama to replace Ed DeMarco, the man President Bush appointed to oversee Fannie Mae and Freddie Mac, which hold a majority of U.S. homeowners’ mortgages. Liberals complain that DeMarco “refused to allow underwater homeowners to...