February 11, 2011

Obama Administration’s White Paper Proposes Phasing Out Fannie and Freddie

The Obama administration released its “white paper” outlining the winding down and replacement of Fannie Mae and Freddie Mac.  The goal of the proposals is to […]
July 9, 2010

President Approves Extension of Tax Credit Deadline

On Friday, July 2, 2010, President Obama approved the home buyer tax credit extension for more than 180,000 American homebuyers who were at risk of losing […]
January 12, 2010

Strategic Default

Voluntary strategic defaults pose a new wave of defaults hitting the already battered housing market.  A strategic default is voluntary.  It occurs when the borrower decides […]