by Isaiah J. Poole | Apr 20, 2012 | Blog
If enough of us demand it, we can get the White House to answer a simple question: Will you or will you not stand with underwater homeowners and push for principal reductions—even if it means pushing aside the agency chief who is opposing that remedy? We're asking our...
by Robert Borosage | Apr 20, 2012 | Blog
Two weeks ago we called on top housing finance regulator and Bush administration holdover Edward DeMarco to reduce mortgage principal for struggling homeowners. “Move or be removed,” we said. Thousands of you responded. But it’s not just us. The head of the Mortgage...
by Isaiah J. Poole | Apr 20, 2012 | Blog
Key voices on Capitol Hill today echoed the message that underwater homeowners need the principal on their mortgages reduced, and that the government official responsible for keeping that from happening should either change his position or step down from his post....
by Richard Eskow | Apr 20, 2012 | Blog
Edward DeMarco is the beleaguered bureaucrat in charge of an agency called the Federal Housing Finance Agency. And because the FHFA is now managing Fannie Mae and Freddie Mac, DeMarco's in charge of most American mortgages. He's been the target of resignation demands...
by Dave Johnson | Apr 20, 2012 | Blog
I should start giving a false equivalence award. Today I have for you a glaring example. In a column about how Romney lies, a DC-elitist pundit tells you that Obama lies, too. False equivalence is when reporters and pundits in the "mainstream" news media feel they...