Democrats are calling for a nationwide end to mortgage foreclosures. It is hard to imagine a more shortsighted policy under our current economic circumstances.

Instead of facing the foreclosure crisis head-on, President Barack Obama has chosen a terrible time to finally discover the virtue of federal restraint and mostly deferred to state attorneys general.

Home prices are quite sticky, andfears of a major fall in house prices, with all of its attendant negative macroeconomic consequences, typically are not warranted even in extreme foreclosure circumstances.

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Statement No. 250For Information Contact:Edward J. Kane617-552-3986Kenneth Scott650-723-3070Chester Spatt412-268-8834

The simultaneous bursting of bubbles in subprime lending and structured...

At this event, our panel of experts will share their thoughts on Bubble Trouble.

A regulatory response to problems in mortgage servicing must fix problems in the industry but avoid poorly conceived actions that would crimp American families' access to mortgage financing and threaten the still-weak housing recovery and the broader economy.

$25 billion in National Mortgage Settlement and other policy efforts have worked to prevent the real estate market from clearing.  At the same time, these policies have harmed those who have done the right thing.

The Senate approved legislation to restore modest reductions to the loan limits applicable to Fannie Mae, Freddie Mac, and FHA. Except for the housing lobby, there is widespread agreement that reducing these limits is a key first step towards ending the government's chokehold on the now nationalized housing finance market.