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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
The Anchorage Daily News, Alaska's largest newspaper, has endorsed Sen. Barack Obama for president. ...more
October 26, 2008
There's a debate in the media about the recession. ...more
July 25, 2008
The foreclosure crisis that has forced thousands of families from their homes has given something good to the nation's best-known housing charity: cheap properties for sale in communities around the country. ...more
May 20, 2008
The House on Thursday passed a massive homeowner rescue plan to provide cheaper, government-backed mortgages to half a million debt-ridden borrowers and bolster an economy crippled by the housing crisis. ...more
May 9, 2008
Mortgage brokers who haven't fled the industry or been forced out are in survival mode. ...more
February 1, 2008
The Federal Reserve moved Tuesday to protect homebuyers from dubious lending practices, its most sweeping response to a mortgage meltdown that has forced record numbers of people from their homes. ...more
December 19, 2007
The U.S. housing bust is like a leaking ship. You may still be able to stay afloat, depending upon where and how bad the holes are. ...more
October 9, 2007
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