All Posts Tagged With: "Federal Housing Administration"
Stop Insuring Mortgages
The Federal Housing Administration (FHA) announced last December that it wants tougher rules on mortgage lenders. Maybe FHA got spooked by a New York Times story in November titled “Easy Loans to Wealthier Areas,” which said: “In its efforts to prop up a shattered housing market, the government is greatly extending its traditional support of [...]
24Feb2010 | John Stossel | 4 comments | ContinuedBad Lending Still a Problem
“The trouble signs surrounding Lend America had been building for years … Home loans made by its headquarters were defaulting at an extremely high rate … Yet despite these red flags, a little-known federal agency continued giving its blessing to Lend America, allowing it to do business in the name of the U.S. government. The [...]
10Dec2009 | Mike Van Winkle | 0 comments | ContinuedDid Deregulated Derivatives Cause the Financial Crisis?
For a few months in 2008 I naively thought that the disastrous financial “rescue” actions led by Treasury Secretary Henry Paulson would at least be counterbalanced by widespread recognition that our economic turmoil had been government’s handiwork. How wrong I was. By the time of this writing, the mainstream press had delivered the “consensus” judgment [...]
2Mar2009 | Robert P. Murphy | 21 comments | ContinuedCan the Feds Save the Housing Market?
Government Solutions Will Only Make Matters Worse
1Jun2008 | Robert P. Murphy | 13 comments | ContinuedGovernment Lending
Persons tempted to seek government credit might be interested in this “other side” of the story of government lending activities. Government lending is not limited to the lending of money. The government’s guarantee, when it is held by private people, is no less a pledge of the public credit than is the government’s direct loan [...]
1Jul1956 | Henry Hazlitt | 0 comments | Continued-
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Creating Jobs versus Creating Value
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