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Cost Estimate for H.R. 1728

The Mortgage Reform and Anti-Predatory Lending Act, scheduled for the House floor this week, would cost the average U.S. family about $4.00.

Wakeriding the Fannie ‘n’ Freddie Meltdown

A good number of bills have been introduced this week to distribute blame and respond to the financial crisis triggered by the failure of the government-sponsored home mortgage enterprises.
“Wakerider” legislation – bills that follow the headlines – deserve some skepticism because the time is ripe for political posturing and other silliness, but some of the [...]