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David Min

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International Mortgage Finance 101 Article
While most developed countries don't mimic the United States in supporting housing finance primarily through backing the mortgage securitization entities Fannie Mae, Freddie Mac, and Ginnie Mae, those countries do have their own methods of government support for housing finance. (AP/ Manuel Balce Ceneta)

International Mortgage Finance 101

David Min explains that all of the world’s advanced countries provide significant levels of government guarantees to their housing finance systems.

David Min

The Global Importance of Government Guarantees in Mortgage Finance Report
Securitization is not an important source of mortgage financing for  European countries. Rather, European governments guarantee the sources  of funding that are most important for European mortgage finance—bank  deposits, and to a lesser extent, bank-issued covered bonds. (AP/ Mark Lennihan)

The Global Importance of Government Guarantees in Mortgage Finance

David Min details the several ways the U.S. government guarantee on residential mortgages works and then compares those processes with the very different but equally important government role in guaranteeing home mortgages across Europe.

David Min

Ryan Budget Is a Fatal Blow to the Housing Market Article
"For sale" signs line the front yards of several houses in a Hollywood, Florida, neighborhood in 2008. The Ryan budget plan for fiscal year 2013 would be devastating for the housing market across the country.
  (AP/Marianne Armshaw)

Ryan Budget Is a Fatal Blow to the Housing Market

David Min and John Griffith argue that the House Republican budget would remove government support to the mortgage market at a critical time.

David Min, John Griffith

Cause and Effect Report

Cause and Effect

David Min examines the allegations of the Securities and Exchange Commission's lawsuit against Fannie Mae and Freddie Mac.

David Min

Understanding the New Mortgage Foreclosure Settlement Article

Understanding the New Mortgage Foreclosure Settlement

David Min and Alon Cohen parse today’s announcement to see how it helps homeowners and housing markets while holding lenders accountable for the housing crisis.

David Min, Alon Cohen

Paying the Piper Article
The well-publicized losses at JPMorgan last week make it even clearer now that a strong Volcker Rule is imperative if we want to ensure that our financial industry will never again jeopardize the health of the entire American economy. (AP/ Scott Iskowitz)

Paying the Piper

David Min demonstrates why the new budget plan in the House puts Wall Street profits before the needs of the middle class and our economy.

David Min

Faulty Conclusions Based on Shoddy Foundations Report
Based on work done by his AEI colleague Edward Pinto, Peter Wallison, minority member of the Financial Crisis Inquiry Commission, concludes federal affordable housing policies were the driving cause behind the financial crisis, causing a decline in underwriting standards that triggered the U.S. housing bubble. Unfortunately, Pinto’s research findings relied upon so heavily by Wallison and others are false. (Flickr/<a href=cackhanded)" data-srcset="https://www.americanprogress.org/wp-content/uploads/sites/2/2011/02/pinto_onpage.jpg?w=610 610w, https://www.americanprogress.org/wp-content/uploads/sites/2/2011/02/pinto_onpage.jpg?w=610 610w, https://www.americanprogress.org/wp-content/uploads/sites/2/2011/02/pinto_onpage.jpg?w=610 610w, https://www.americanprogress.org/wp-content/uploads/sites/2/2011/02/pinto_onpage.jpg?w=500 500w, https://www.americanprogress.org/wp-content/uploads/sites/2/2011/02/pinto_onpage.jpg?w=250 250w" data-sizes="auto" />

Faulty Conclusions Based on Shoddy Foundations

David Min debunks Peter Wallison's claim, based on flawed data from Edward Pinto, that the federal affordable housing policies caused the financial crisis.

David Min

Politics Most Blatant Article
Financial Crisis Inquiry Commission Vice Chairman Bill Thomas, right, asks questions about the role of derivatives in the financial crisis during a hearing of the commission on Capitol Hill. (AP/Jacquelyn Martin)

Politics Most Blatant

David Abromowitz and David Min expose the self-serving conservative excuses behind the “primer” issued by the Financial Crisis Inquiry Commission’s Republican minority.

David M. Abromowitz, David Min

Future of Housing Finance Reform Report
Mortgage help specialists meet with home owners to discuss their loans. (AP/Damian Dovarganes)

Future of Housing Finance Reform

David Min explains why the 30-year fixed-rate mortgage is an essential part of our housing finance system.

David Min

Future of Housing Finance Reform Report
The history of our own country and the experience of other countries strongly suggest that a government role is necessary for broad and stable mortgage liquidity. (AP/Eric Gay)

Future of Housing Finance Reform

David Min explains why a government role is necessary in mortgage markets in the first of a new weekly series of memos on housing finance reform.

David Min

The Big Freeze Report
Led by the advice of Newt Gingrich, the former House Speaker who was the architect of the 1995-96 debt ceiling crisis, many conservatives are clamoring for a repeat of this past episode in recklessness. (AP/Richard Drew)

The Big Freeze

The conservative pledge to freeze the debt ceiling would have disastrous consequences for the U.S. economy and global financial markets, writes David Min.

David Min

True North Report
Why didn't Canada see the same, painful housing bubble as the United States? Well, because Canada didn't let regulated lenders deal in unsafe products or banking practices, and Canadian mortgage lenders and bankers had little incentive to be unregulated. (iStockphoto)

True North

Report from David Min provides insight into why Canada didn't see the same, painful housing bubble as the United States and what we can learn from it.

David Min

First Wall Street, then Your Street Article
Sen. John Mccain (R-AZ) will propose an amendment to the critical Wall Street reform bill that would radically reshape Fannie Mae and Freddie Mac. The amendment, however, is reckless and poses a significant risk to our housing markets. (AP/Charles Dharapak)

First Wall Street, then Your Street

Congress should reform Wall Street before reorganizing the two mortgage securitization giants that underpin our housing market, argues David Min.

David Min