Here’s a huge pat on the back and a show of support for Barry Ritholtz, who truly has had it with those who keep clinging to the widely discredited belief that the Community Reinvestment Act caused the housing crisis. Ritholtz writes at The Big Picture that he’s offering a More…
When New York Times economic reporter Edmund Andrews penned his memoir of buying an overpriced house that led to his family facing foreclosure, he attempted to depict himself as an everyman caught up the financial crisis. If it happened to someone like him, it could happen to you.
This More…
Over at Economist’s View, Christopher Thornberg offers some ideas for stemming the foreclosure crisis – and while you may not agree with them, I’d rate them all much higher on the scale than having former subprime lending executives make new fortunes buying up distressed assets.
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