The Washington Post’s Zachary Goldfarb is out with a brief history of the Obama administration’s forays into housing assistance — and it will likely make the White House a bit queasy.
[credit provider=”Håkan Dahlström” url=”http://www.flickr.com/photos/dahlstroms/4083220012/”] The data on the 2010 housing market is in, and it doesn’t look good.High unemployment, record bankruptcies and dropping prices are just a few of the issues nagging home sales. Thus 2011 might not be the year the recovery finally comes.
Neil Barofsky, who was appointed special inspector general for bank bailouts, recently spoke before Congress and did not mince words when addressing the Home Affordable Modification Program’s lack of success, according to a report from USA Today. He called it a “failure” with a record for helping consumers that “has […]
True story: A retired couple I know, Brian and Ilsa, own a home in the Southwest. It’s a pretty house, right on the manicured golf course of their gated community (they’re crazy about golf).