New Orleans In one of those serendipitous moments a friend in San Francisco had passed on a book for my reaction and the daily papers have been full of pictures and quotes of the author, so the first part of my flight home was easily occupied reading Adair Tuner’s Economics After the Crisis: Objectives and …
Category: Foreclosure
Quiet Horror of Condo Associations in Housing Collapse
Toronto I’m not saying that everyone is asleep at the switch on what is happening in condos in the housing crises of the Great Recession, but I think we can all agree that the issue is not front and center. Fair enough? Nonetheless, when housing foreclosures rob any notion of the “ownership” society that President Bush …
Banks Not Victims Get Yet Another Foreclosure Bailout
New Orleans We were all clear when the Obama Administration announced changes last year to the HARP (Home Affordable Refinance Program) that seemed to favor refinancing that these changes were not going to provide relief to homeowners desperately trying to hold on and resist foreclosure. I thought that was the real issue with the latest …