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...
by Richard Eskow | Apr 19, 2012 | Blog
Picture this: You're driving down the road one rainy day as someone bearing an uncanny resemblance to Mitt Romney approaches you from the other direction in a Cadillac. One of you hydroplanes and there's a collision. After both of you have confirmed that nobody's hurt...
by Dave Johnson | Apr 19, 2012 | Blog
The 99% Spring movement is starting to make itself heard at corporate shareholder meetings around the country. And next week it really gets started and will be big. (I'll be reporting from the GE shareholder meeting next week in Detroit.) Did you know that shareholder...