By Cora Currier: Mortgage giant Freddie Mac did not keep homeowners trapped in high-interest loans in order to boost profits on billions of dollars’ worth of complex financial bets it had made. That’s the conclusion reached in a report released today by the inspector general ...read more
By Jesse Eisinger and Chris Arnold: New analyses by mortgage giants Freddie Mac and Fannie Mae have added an explosive new dimension to one of the most politically charged debates about the housing crisis: Whether to reduce the amount of money beleaguered homeowners owe on ...read more
I sat down to watch the GOP debate in Florida last night, the first time I've done it with the intention of seeing the whole thing through (otherwise, I have just skipped through youtube clips for the best highlights). After about 30 minutes, I couldn't take any more. ...read more
