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Progress and Peril on Home Opportunity

Dramatic developments this month have underscored our nation’s progress, as well as our continuing peril, when it comes to Home Opportunity—the deeply held American ideal that everyone should have access to an affordable home under fair conditions. These developments,...

Raiding Opportunity

The ink’s barely dry on the historic settlement of “robo-signing” and other abusive foreclosure practices by five big banks. But, already, some states are raiding the settlement funds to finance activities having nothing to do with preventing foreclosures or...

No More Excuses on Relief to American Homeowners

One by one, the excuses have fallen. Yet Edward DeMarco, acting head of FHFA, the agency that runs Fannie Mae and Freddie Mac, still fails to offer the most effective relief available to American homeowners struggling with mortgages held by those entities. Economists,...

Protecting Fair Lending is Key to Our Economic Recovery

Most Americans correctly understand that the economic meltdown was caused by a perfect storm of misconduct in the lending and financial industries and inadequate rules and enforcement. A 2010 Pew Financial Reform Project poll, for example, found that American likely...

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