Attorneys General: It’s Time to Close the Deal
Last week President Obama followed up on a promise made in his State of the Union Address by creating a new working group to aggressively investigate the abuses that triggered […]
Accountability for Countrywide is Good for the Market
The annoucement of the Justice Department's settlement with Countrywide over violations of fair lending laws is a landmark victory that deserves recognition. For years, NCLR (the National Council of La […]
My Holiday Wish List
The holiday season is a time when we express our lofty wishes and set new resolutions for personal improvement, but there is nothing lofty about my holiday wish list this […]
DeMarco Blocks Home Recovery, California Attorney General Harris Gets It Right
California Attorney General Kamala Harris recently subpoenaed Fannie Mae and Freddie Mac for information on their foreclosure proceedings in her state. While it is too early to say what will […]
Greater Equality is a Must in Reviving the Economy
Adopting a more equitable housing policy goes beyond a moral imperative. It is critical to our economic success. Highlights from the 2011 Equity Summit.
Save What Works: Making the Case for Long-term, Fixed-rate Home Loans
Last week I testified before the Senate Banking Committee on the virtues of the 30-year fixed-rate mortgage. For eight decades running, this type of mortgage has made homeownership affordable and […]
Time to Move On: Families Facing Foreclosure Need Better Solutions than HAMP
More than one million Latino families have either lost or will soon lose their homes. In California, Hispanic-owned homes account for nearly half of all foreclosures. The rapid loss of […]