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Randy Miller blames the financial crisis on the Community Reinvestment Act of 1977 in his letter of March 25. In blaming the Democrats for the CRA, he seems to be unaware that the first George Bush signed a bill strengthening enforcement of its provisions. Even so, there is no way for any banker to be fined, let alone jailed, for violations. ...more
April 2, 2009
Nonprofit groups are battling the Bush administration's attempt to kill programs that allow homebuyers lacking money for a down payment to get funds from sellers that are channeled through charities. ...more
June 27, 2008
President Bush, acknowledging that the country is suffering through a period of economic uncertainty, on Monday called on Congress to do more to help people and businesses hurt by the housing slump and credit crunch. ...more
February 12, 2008
The House on Tuesday approved a plan to expand federal backing of mortgages in hopes of helping struggling homeowners avoid foreclosure. ...more
September 19, 2007
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