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David M. Abromowitz Archives

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.

by David M. Abromowitz | Tuesday, September 9, 2008

Propietarios como es debido

Mucho después de que terminen las ejecuciones de los préstamos hipotecarios a tasas de alto riesgo, las familias de trabajadores de recursos módicos seguirán queriendo comprar viviendas.

by David M. Abromowitz | Wednesday, June 4, 2008

A Break on Fuel-Efficient Cars, Not Gas Tax, Is Needed

The revenue lost from the summer gas-tax holiday some are proposing would be about $10 billion — the cost of helping hard-hit American consumers cope with $4 a gallon gas prices. But is a onetime summer fix the right approach?

by David M. Abromowitz | Friday, May 23, 2008

Bailouts and Bold Action

Here’s a guide from David Abromowitz to help tell the difference between the two phrases amid the current debate in Congress over relief measures for struggling homeowners.

by David M. Abromowitz | Friday, May 2, 2008

War and Taxes: Sharing the National Burden

April 15 should remind every American that sacrifices by our soldiers on the battlefield require sacrifices at home, too.

by David M. Abromowitz | Tuesday, April 15, 2008

Shared Equity in Action: Recovery and Affordability Are Possible Amid the Crash in Housing Prices

book_alt2 icon Report Report outlines way to address the needs of large numbers of overleveraged homeowners while avoiding windfalls and unwarranted bailouts through shared equity.

by David M. Abromowitz and Andrew Jakabovics | Wednesday, April 9, 2008

HUD Cannot Be Left Adrift in the Wake of Secretary Jackson’s Resignation

After Housing and Urban Development Secretary Alphonso Jackson's resignation, we will need a stronger Federal Housing Administration.

by David M. Abromowitz | Monday, March 31, 2008

Selective Bailouts: Help for Wall Street, Not Your Street

Bush administration chastises home buyers for bad decisions, then funnels bailout financing to Wall Street, writes David Abromowitz.

by David M. Abromowitz | Monday, March 17, 2008

Conservatives Assail Homeowners: Administration Says “Let Homeowners Go Under”

Bush administration’s stubborn laissez faire stance to deteriorating housing market threatens U.S. economic prosperity, writes David Abromowitz.

by David M. Abromowitz | Thursday, February 28, 2008

Still Lagging Behind: Latest Bush Housing Plan Too Little, Too Late

Voluntary moves by private sector and Bush administration lack key government action to halt spiraling crisis, write Abromowitz and Jakobovics.

by David M. Abromowitz and Andrew Jakabovics | Tuesday, February 12, 2008

Addressing Foreclosures: A Great American Dream Neighborhood Stabilization Plan

book_alt2 icon Report David Abromowitz presents the Great American Neighborhood Stabilization Plan to address the glut of foreclosed properties across the country.

by David M. Abromowitz | Thursday, January 31, 2008

Quick Action For Housing Crisis: Market Indicators Are Tumbling

The latest data shows that homeowners and neighborhoods need targeted federal help now, write David Abromowitz and Andrew Jakabovics.

by David M. Abromowitz and Andrew Jakabovics | Tuesday, January 29, 2008

A Foreclosure-Free Option

The mortgage crisis and the rise in foreclosures nationwide have left the American dream in tatters and may be sparking a recession. Yet a fast-growing form of housing—the community land trust—has become a virtually foreclosure-free safe harbor. One of the best examples of this fresh approach to putting a roof over people's heads is in Boston.

by David M. Abromowitz | Wednesday, January 23, 2008

Sharing the Burden of War and Taxes

TAX DAY is coming. For most Americans, it’s merely a reminder to get that paperwork done. But for many years, tax day reminded Americans that war means sacrifice. Since Sept. 11, 2001, President Bush has often invoked a spirit of sacrifice and dedication to the greater good. Yet this call to sacrifice has not made […]

by David M. Abromowitz | Monday, April 9, 2007