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Finally, a Bailout for Homeowners?

Treasury and the FDIC put together a plan to offer as many as 3 million homeowners lower loan payments for at least five years. Homeowners, at the center of the economic crisis, may get their turn at a helping hand from government. But can they get the help they really need?


Home Ownership Is Not a Dirty Word

At Economist’s View, Mark Thoma brings up a subject no one seems to want to talk about anymore – helping people with modest incomes buy homes.
In the housing crisis, poor people — of all the likely suspects — are playing the role of scapegoats. Conservatives support the idea that the Community Reinvestment Act, an [...]