Housing Crisis
  • Better than a Bank Bailout: A Federal Lottery

    The growing outrage over the Fed’s rescue of too big to fail banks was stoked by news from Bloomberg that banks made 13 billion dollars in profit from low interest discount window loans. However, as...

  • New Home Sales Rise in October

    By DEREK KRAVITZ

    Americans bought slightly more new homes in October, a hopeful sign for the troubled housing market. But the median sales price fell to its lowest level of the year, and the overall sales pace is...

  • Housing Is Showing Faint Signs of Life

    By Jennifer Depaul, The Fiscal Times

    A few key indicators in the battered housing industry have ticked in the right direction. At the same time, home prices are expected to drop another 8 percent through 2013 as lenders work through the...

  • CFPB Head Lashes Out at Conservative Critics

    By Charles Clark, Government Executive

    The general counsel of the months-old Consumer Financial Protection Bureau, Leonard Kennedy, defended his colleagues from conservative critics who portray his agency’s regulators as champions of “...

  • The EPA’s Lead-Paint Lead Balloon

    By Jennifer Depaul, The Fiscal Times

    In the year since a new Environmental Protection Agency lead-paint regulation went into effect, remodeling companies that complied with it are losing business. But enforcement is so lax, most...