Tag Archives formortgage crisis

What is Your Debt Share of $700B Bailout?

As the U.S. government debates a $700 Billion bailout for the financial industry, what does that mean for you and me, and our kids? One summary I saw broke it down like this: About $2,300 per American About $6,000 per U.S. household The tally for all the various rescue measures launched by U.S. authorities this […]

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Posted by Steve
10 years ago

Dotzour’s Take on Mortgage Solutions

My favorite economist, Mark Dotzour from the Texas A and M Real Estate Research Center in College Station has some thoughts on the mortgage mess. DOTZOUR: STEP ONE, RECHARTER FRANNIE COLLEGE STATION (Real Estate Center) – As long as the federal government continues to indicate they are willing to redraw the promises contained in mortgage […]

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Posted by Steve
10 years ago