The Unequal Mortgage Market Is No Coincidence
The housing industry and Congress need to address the massive disparities that persist in the housing market and the economy based on the color of one’s skin.
Bipartisan Bill Pushes Shared Appreciation Principal Reductions
Congress can save taxpayer dollars while giving underwater borrowers a fighting chance of staying in their homes, writes John Griffith.
Sharing the Pain and Gain in the Housing Market
Report John Griffith and Jordan Eizenga explain why Fannie Mae, Freddie Mac, and the Federal Housing Finance Agency should embrace a targeted principal-reduction program for certain deeply underwater loans it owns or guarantees.
Tossing a Lifeline to Underwater Homeowners
Congress can step up and help the more than 3 million homeowners that cannot refinance their mortgages to today’s low rates, writes John Griffith.
Time to Ramp Up Refinancing
New legislation would help more homeowners refinance through the Home Affordable Refinance Program, writes John Griffith.
The FHA Is on Board With Principal Reduction
John Griffith argues that with most of the mortgage industry embracing principal reduction as a way to help troubled homeowners, Fannie Mae and Freddie Mac should follow suit.
Inching Toward Principal Write-Downs at Fannie and Freddie
New data from the firms’ regulator confirms that principal reductions can be good business practice, write John Griffith and Daniel Molitor.