>Click to watch video [caption id="" align="alignleft" width="325" caption="Real estate entrepreneur Jim Randel, author of 'The Skinny On The Housing Crisis' discusses how the rescue plan will impact homeowners."][/caption]
San Francisco Chronicle (09-23) 18:55 PDT -- Uncle Sam will own most of the troubled mortgages in America if the $700 billion bailout package goes through. What will this mean to the folks who bought those houses and are behind on their payments? (more...)
Barbara Dooley of WGAU (Athens, Georgia) interviews Jim Randel on his new book 'The Skinny On: The Housing Crisis - What Every Homeowner and Homebuyer NEEDS TO KNOW!!!.' >Click here to listen
A few weeks ago I put aside a draft post that I had prepared suggesting that the Federal Government should spend its money - not on bailing out financial institutions but rather on buying single-family homes from distressed U.S. homesellers. There would, of course, be some criteria as to which houses are purchased and at what price - I just had
Today's (September 9) editorial in The New York Times, titled "The Bailout's Big Lessons" claims that one of the reasons the government had to act to take control of Fannie and Freddie was that "investors deemed the government's commitment to Fannie and Freddie as either insufficient or not credible." The Times' editorial team then goes on to
Posts
