The Washington Independent

Posts Tagged underwater mortgage

Baker Argues for Right-to-Rent

By | 04.14.10 | 6:01 pm

With the Home Affordable Modification Program faltering in its effort to stem the foreclosure crisis, Dean Baker, the co-chair of the Center for Economic and Policy Research, argues for a simple and free way for Congress to aid banks and underwater homeowners.

Testifying before the House Subcommittee on Housing More…

Holiday Songs for a Foreclosure Crisis: ‘The 12 Months of Default’ and ‘Oh, CRE’

By | 12.22.09 | 8:49 am

Just in time for your holiday listening pleasure, here are two songs making their way around the blogosphere to celebrate the season and mark another year of falling home prices and an expanding commercial real estate bust.

First, via Mortgage Insider, here’s “The Twelve Months of Default,” which More…