Tag: negative equity

By February 7, 2013 1 Comments Read More →

45 House Members Ask Obama to Replace “Evil Ed” For Taxpayers’ Sake

Ed DeMarco, the Acting Director of the FHFA, a federal agency that oversees the conservatorship of Fannie Mae and Freddie Mac, has been the deserving target of scorn and ridicule for the past few years. Now he is the target of Congressional calls for his replacement. For years, Evil Ed has consistently blocked attempts to […]

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By December 4, 2012 1 Comments Read More →

The Disparate Impact of the Housing Collapse on Young Homeowners

This week Elliot Njus of the Oregonian reports on how an entire generation of young homeowners may find themselves trapped in underwater mortgages for the next decade, impacting the owners’ financial health, security, and future plans. According to the report, “nearly half of mortgage holders under 40 years old are upside down.” Read the full […]

Posted in: News and Events