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Politicians, Bailouts and Bank-Owned Houses

Politicians, Bailouts and Bank-Owned Houses

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Around the corner from my former apartment in Newton was a house that was taken in foreclosure. The “For Sale” sign had been there for a very long time, the lawn wasn’t mowed regularly and the shrubs had died in the winter but hadn’t been removed. Walk around...

What A Week: Housing

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By now you probably know that both Freddie Mac and Fannie Mae have had very poor quarterly reports.  Worse than expected.  And now we’re in for worse trouble. Money is now expected to be tighter as we roll into the fall and home buying will continue to be slow...
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