Archive for the ‘Housing’ Category

The FHA and the Role of Government When Markets Fail

February 13th, 2013

Well, well…once again we’re arguing about the role of government. As he did in his second inaugural address, President Obama’s SOTU address reminded listeners that he twice ran and won on a role for government that goes well beyond that articulated by Gov Romney in the campaign or Sen Rubio in his SOTU rebuttal. One… Read more

The CFPB Is Up and Running and Making Important Changes

January 19th, 2013

Remember the Dodd-Frank financial reform law?  Remember the Consumer Financial Protection Bureau it created? Perhaps not, given all the sturm und drang over fiscal cliffs and ceilings.  But the CFPB is up-and-running and doing good works, as in this case involving realigned housing finance incentives to protect borrowers and to be less bubble-inducing: In the… Read more

More on Social Security, Private Pensions, and Retirement Preparedness

January 11th, 2013

Recall this post on how the loss of defined benefit pensions underscores the need to protect our national public defined-benefit pension program: Social Security. Fellow blogger Kevin Drum responds to the post with this interesting look at income trends of older relative to younger households showing the older cohort to be doing much better in… Read more