Though its capital position improved slightly over last month, the FHA is still firmly in the red, with a current net worth of –$13.45 billion. Particularly alarming is the growth of the Ginnie/USDA division, which has a higher default rate than the FHA.

Online registration for this event is now closed. Walk-in registrations will be accepted.

The authority of the Securities and Exchange Commission (SEC) to regulate mutual funds is carried out by the SEC’s Division of Investment Management. Four former directors of this division who are now in private practice will share...

As policymakers continue their efforts to reduce the government’s role in the currently nationalized housing market, the broadly available and deep subsidies provided to the five divisions of the Government Mortgage Complex continue to distort the marketplace and thwart these efforts.

Bush v. Gore presents no inversion of the federalist positions of conservative and liberal justices.

"So much for states' rights," Washington Post columnist E. J. Dionne sneered in commenting on the Supreme Court's ruling in Bush v. Gore. His comment encapsulated several weeks' worth of noisy complaints about Republican politicians. As the Gore camp portrayed it, the GOP was cynically selling out its own commitment...

Review of The Two Koreas, by Don Oberdorfer.

I learned to appreciate the American free enterprise system by quitting a job in Spain.At age 19, I dropped out of school to pursue a career as a French horn player. After a few twists and turns, I wound up in the Barcelona Symphony, which was a Spanish...

Baby Seven Billion will have a greater chance to live to adulthood and receive an education—and a lower chance of suffering extreme material poverty—than a child at any previous juncture in history. This prospect, in and of itself, should be a cause for celebration.