Developing Affordable Housing Ecosystems World Wide
Hindsight always makes things clear.
Why didn’t I see that before?
With the GSEs having been placed in conservatorship – a state akin to a bank seizure to protect the depositors – a few things are clear:
Given that Treasury decided it had to do this, it’s almost certainly the right thing for the broader housing economy […]
[Continued from yesterday’s Part 2 and the previous Part 1.]
While the main consequences of HR 3221, the great big deal known as the Housing and Economic Recovery Act (HERA) of 2008 (this Reuters summary is as good as any), are the financial and regulatory coup that completes a fundamental revolution within the financial system, changing […]
[Continued from yesterday’s Part 1.]
Yesterday we got rolling on the consequences of HR 3221, the Housing and Economic Recovery Act (HERA) of 2008 (this Reuters summary is as good as any). Yes, it is a big deal: a huge deal.
We’ve seen that it completes a fundamental revolution within the financial system, a financial […]
Yes, it is that big a deal.
Zeus, this is a big deal
I almost never comment on legislation in process, because the factory puts so many twists in the sausage that speculations are largely pointless – and this legislation, for all its multiple motivations and antecedents, probably would never have been enacted but for the Fannie/ […]
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