The latest news on mortgages
A generation already buried in debt must be careful when purchasing a home.
Americans are de-leveraging, but they are once again growing their credit card and auto loan debts.
No government support would mean fewer housing choices.
A government backstop is necessary to ensure affordable, safe loans.
Government guarantees prevent bank panics from occurring.
The mortgage industry should take its hand out of the taxpayer’s pocket.
The private sector, not the government, should take initial losses.
Government guarantees artificially inflates the price of housing.
Government support of the mortgage market cannot be eliminated entirely.
Government mortgage guarantees create moral hazard.