Top Features
Principles to Guide Development and Regulation of a Renewed Mortgage Finance System
CAP and the Mortgage Finance Working Group offer ways to improve the mortgage financing system.
It's Time We Talked
Andrew Jakabovics and Alon Cohen argue in a report that the federal government has a role to play in expanding mediation programs for those facing foreclosure.
Sustainable Mortgage Modifications
Report from Andrew Jakabovics recommends setting clear benchmarks to measure progress and identifies possible next steps to contain the foreclosure crisis.
Green Affordable Housing
Report from David Abromowitz outlines ways that the Obama administration can incentivize and enable the green transformation of affordable housing.
Addressing Foreclosures
David Abromowitz presents the Great American Neighborhood Stabilization Plan to address the glut of foreclosed properties across the country.Other Housing Features
October 8, 2009
The Future of the Mortgage Market and the Housing Enterprises
CAP Action's Andrew Jakabovics testifies before the Senate Committee on Banking, Housing, and Urban Affairs on the future of the mortgage market and the housing enterprises.
October 6, 2009
The Danger of Untargeted Home Buying Credits
David Abromowitz explains why extending untargeted home buying credits misses an opportunity for more effective economic stimulus.
September 15, 2009
More Money, More Problems
Sam Fulwood writes in The Root about a new CAP study showing that wealthy blacks and Hispanics pay higher interest rates than wealthy whites and Asians.
September 15, 2009
Unequal Opportunity Lenders?
Report from Andrew Jakabovics and Jeff Chapman shows racial disparities in higher-priced lending among the 14 largest banks and subsidiaries during the housing bubble.
July 28, 2009
Are Mortgage Companies to Blame for Lack of Foreclosure Progress?
Andrew Jakabovics in the Chicago Sun-Time talks about why some servicers are dragging their feet on loan modifications.
July 28, 2009
Called to the Carpet
Mortgage servicing companies will face tough questions from the Obama administration about the slow pace of mortgage modifications amid rising foreclosures, writes Andrew Jakabovics.
April 10, 2009
Don’t Hamper Mortgage Modifications
The Treasury’s plan to rid banks of toxic assets should not upend the existing program to help responsible at-risk homeowners, argues Andrew Jakabovics.
April 9, 2009
Recommendations for the Public-Private Investment Program
Report from Michael Ettlinger, Andrew Jakabovics, and David Min discusses how to implement the Treasury Department’s plan to clean up the toxic asset mess.
March 20, 2009
Weekly Round Up March 16 - 20, 2009
CAP focused this week on the sixth anniversary of the Iraq war, a growing crisis in Afghanistan, and turning the economy around.
March 19, 2009
Examining the Making Home Affordable Program
CAP Action's Andrew Jakabovics testifies before the House Financial Services Committee on President Obama's Making Home Affordable Program.
March 18, 2009
Mortgage Finance: Progressive Solutions
CAP hosts a discussion with Michael Barr and a panel of experts to explore progressive solutions to the current mortgage finance crisis.
March 16, 2009
Our House in the Middle of Our Street is No Longer Our House
Here’s a news flash: The housing market is bad. Actually, it is really bad, historically, woefully bad. And, the bad news won’t stop coming. Housing wealth is dropping precipitously, families own ever smaller shares of their own homes, and home owners are falling behind in their mortgages in record numbers.
March 11, 2009
Salvando los hogares estadounidenses: Lección No. 1
La Ley de Ayuda Familiar para Salvar la Vivienda del 2009 establece medidas clave para disminuir las ejecuciones hipotecarias y restaurar el mercado inmobiliario.
March 3, 2009
Saving American Homes 101
The Helping Families Save Their Homes Act of 2009 boasts key measures to slow foreclosures and help the housing market recover. We unpack the legislation for you.
February 18, 2009
At Last, Help for Homeowners
The Obama administration’s housing plan actually helps homeowners, writes Andrew Jakabovics. Now that’s progress.
January 8, 2009
Time to Quarantine the Foreclosure Epidemic
The worsening housing and economic crises afflicting our nation warrant bolder action in the home mortgage arena, writes David Abromowitz.
December 19, 2008
Interactive Map: Helping States Deal with Foreclosures
If Congress includes more funding for purchasing and rehabilitating foreclosed properties in the stimulus, it could create 100,000 jobs.
November 25, 2008
Paulson Pushed Toward Solution
Treasury Secretary Henry Paulson is pressured to help homeowners, then heads off in another direction, but Fed chief Ben Bernanke gets it right, says Ed Paisley.
November 20, 2008
Defending the CRA
The Community Reinvestment Act had nothing to do with the current financial crisis but much to do with revitalized communities, write David Abromowitz and Cathy Minehan.
November 18, 2008
Rescusing the American Economy: Mortgages Are Troubled Assets
Andrew Jakabovics explains why the Troubled Asset Relief Program should remain focused on mortgage debt.
November 17, 2008
Homeownership Done Right
During the presidential campaign, the housing debate sometimes had more to do with how many homes a candidate owned than about solutions to the nation's housing crisis.
November 14, 2008
Restoring Financial and Housing Markets
CAPAF's Michael Barr testifies before the House Committee on Oversight and Government Reform about initiatives to strengthen financial markets.
November 13, 2008
Hank to Homeowners: Drop Dead
Treasury Secretary “Hank” Paulson is willing to buy all kinds of debt, except mortgage-related assets, observes Andrew Jakabovics.
October 29, 2008
Next Steps to Resolve the Mortgage Crisis
The Bush administration can take steps now to help troubled homeowners while Congress prepares to enact more targeted measures, writes Michael S. Barr.
October 28, 2008
Housing Fundamentals
With 9.5 percent of newer houses vacant and prices at 2003 levels, bank bailouts alone won’t solve the housing crisis, notes Andrew Jakabovics.
October 23, 2008
Time for Some Answers from Treasury Secretary Henry Paulson
Senate Banking Committee must ask Treasury Secretary Henry Paulson why he won’t stop harmful home foreclosures, write Michael S. Barr and Sarah Rosen Wartell.
October 16, 2008
Think Again: Meltdown: The Blame Game
The conservatives' argument that progressives, Fannie and Freddie, and minorities caused the current crisis has no validity, write Eric Alterman and George Zornick.
October 14, 2008
Who Are the Villains of the Mortgage Mess?
David M. Abromowitz faults the Bush administration's dismantling of federal regulation for the current mortgage mess.
October 3, 2008
Public Opinion Snapshot: Public Calls for More Help for Homeowners
The public wants measures to help homeowners, which are critical to reach the root of the issue, to be included in the congressional relief package.
October 2, 2008
Video: Fixing the Credit Markets
Ed Paisley on what happened in the credit markets, why it happened, and what we can do.
October 2, 2008
Crazy Talk
Conservatives are trying to shift responsibility from themselves for the U.S. housing and financial crises, but it’s dishonest, writes Michael Ettlinger.
October 2, 2008
Not Done Yet
Even if Congress enacts Bush’s financial rescue package, there is more needed to revive our economy and restore integrity to housing and financial markets, writes David Abromowitz.
September 30, 2008
Setting the Record Straight: Blame Conservatives, not CRA, for subprime mortgage mess
Tim Westrich details why conservatives are responsible for the subprime mortgage mess, not the Community Reinvestment Act.
September 29, 2008
Bailout Package Necessary, but Only the First Step
The Center for American Progress argues that President Bush’s financial rescue plan requires overwhelming congressional support even though more needs to be done to help Main Street.
September 26, 2008
Blame it on the Immigrants
Michele Malkin and fringe conservatives want to blame the financial crisis on immigrants. David Abromowitz shows the truth behind the flimsy facts.
September 26, 2008
Culpemos a los Inmigrantes
Michele Malkin y los conservadores quieren culpar a los inmigrares de nuestra crisis financiera. ¿Podremos creer esta manipulación?
September 24, 2008
A Fair and Effective Financial Solution
The global financial crisis caused by the Bush administration's utter failure to supervise our mortgage lending and financial markets properly can only be fixed by going to the root of the problem—the ailing U.S. housing market. Find out how we can fix it.
September 24, 2008
The Greater Fool
The Bush administration may include all kinds of "troubled" assets in the $700 billion financial rescue package, not just home mortgage assets. That’s a fundamentally bad idea, writes Ed Paisley.
September 24, 2008
Help for Main Street
Landmark credit card protections passed by the House in the midst of bailout negotiations are good news for consumers, writes Tim Westrich.
September 23, 2008
Warning $700 Billion: Handle with Care
Treasury Secretary Paulson needs help and oversight if U.S. taxpayers are going to help the nation weather the global financial crisis, writes Michael Ettlinger.
September 23, 2008
Fair and Effective
Congress needs to ensure the $700 billion financial rescue package helps Main Street and Wall Street. Our plan does that, as this illustration details.
September 21, 2008
Neither Fair Nor Effective
Treasury Secretary’s $700 billion proposal to rescue Wall Street ignores Main Street, which Congress needs to fix, write David Abromowitz and Andrew Jakabovics.
September 19, 2008
Parsing the Paulson Plan
U.S. Treasury Secretary Paulson’s newest plan to resolve the global credit crisis comes none to soon. Congress must ensure it protects not merely firms but families, writes Ed Paisley.
September 19, 2008
Learning from the Past
CAP paper from Ellen Seidman and Andrew Jakabovics lays out how to deal with distressed mortgages and other debts to begin coping with the current financial crisis.
September 17, 2008
Another Predictable Black Monday
Unsupervised financial markets led to today’s crisis on Wall Street, just as unsupervised mortgage lending led to today’s housing crisis, writes Andrew Jakabovics.
September 9, 2008
The Future of Fannie and Freddie
The government acted wisely by rescuing the mortgage giants, but policymakers now need to consider the long-term benefits of homeownership, writes David Abromowitz.
September 8, 2008
Crisis Averted but Unresolved
Government rescue of Fannie Mae and Freddie Mac will not by itself resolve the U.S. housing crisis, argues Andrew Jakabovics.
August 26, 2008
No End in Sight to Housing Slide
Today's housing data all point to the same conclusion: We have not yet hit bottom, writes Andrew Jakabovics.
August 4, 2008
Help Is on the Way
Housing law passed last week will give almost $4 billion to states and localities to stabilize communities.
July 28, 2008
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