Housing Meltdown

Questioning the federal government's handling of the subprime crisis, Wesbury said that U.S. Congress and the U.S. Department of Housing and Urban Development, an executive agency, put numerous rules in place since the early 1990s to encourage …

The Financial Crisis was caused by a lot of things, but the most important was the destruction of the housing market. There is nothing equivalent this time around — no material asset bubble that's popping and sending shock-waves throughout the economy.

Years after the financial meltdown and the housing bust, only 39 percent of affluent South Floridians in a poll think it makes financial sense to take out a mortgage. Some South Floridians would rather save money, invest it or spend it on a big-ticket …

Reseachers at the San Francisco Fed think the current housing market doesn't look like a repeat of the bubble that triggered the last recession.

To conservatives, rising asset prices signal greater chances of another meltdown, similar to what occurred in the mid-2000s. But the stock market is down 3 percent since its peak in May. And housing prices have yet to return to pre-crisis levels. Let's …

… almost as if they're making little Uncle Sam citizens of all their dollars. The third type of tax that keeps coming up is taxes on private investments, like houses or companies or stocks, which are lower at 15% to encourage people to take long-term …

Policymakers want to ensure that six years of near-zero rates don't lead to a repeat of the U.S. housing boom and subsequent financial crisis. "I don't at present see a major financial crisis on the horizon, but whenever you say that, you know you're …

Newly-released memos from the Clinton presidential library reveal a little more about the scope of the Community Reinvestment Act (CRA) activities in the years leading up to the collapse of the housing bubble.

“Everybody knows that the financial crisis was caused by a mortgage meltdown,” Wallison told audience members, but while the prevailing wisdom has it that Wall Street greed led to the housing collapse, “the facts show an …

Tyler Cowen: Were poor people to blame for the housing crisis?, by Tyler Cowen: When we break out the volume of mortgage origination from 2002 to 2006 by income deciles across the US population, we see that the …

Another housing bubble is “very likely if we don't change our policies,” warns Peter Wallison, a former member of the Financial Crisis Inquiry Commission (FCIC), which investigated the “avoidable” 2008 financial meltdown.

Newly-released memos from the Clinton presidential library reveal a little more about the scope of the Community Reinvestment Act (CRA) activities in the years leading up to the collapse of the housing bubble.

Newly-released memos from the Clinton presidential library reveal a little more about the scope of the Community Reinvestment Act (CRA) activities in the years leading up to the collapse of the housing bubble.

Newly-released memos from the Clinton presidential library reveal a little more about the scope of the Community Reinvestment Act (CRA) activities in the years leading up to the collapse of the housing bubble.

Here's why your housing ship still hasn't come in — too many homeowners are still underwater. It's true, and more than six years after the real estate and financial meltdown, it's remarkable. Yet 15% of homeowners are in just that kind of pickle …

Borrowers like Mataska with minor imperfections on their applications, such as a brief loss of employment or a temporary drop in a credit score, have mostly been turned away by lenders since the 2008 housing crash. That's starting to change, with at …

Borrowers like Mataska with minor imperfections on their applications, such as a brief loss of employment or a temporary drop in a credit score, have mostly been turned away by lenders since the 2008 housing crash. That's starting to change, with at …

Thus during the Japanese housing bubble in the 1980s, the grounds of the Imperial Palace were claimed to be worth more than the value of all the real estate in California, when neither the Imperial Palace ground nor all the real estate in California …