$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.

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How much should the government do to prevent home foreclosures and how should we do it?

The Shadow Financial Regulatory Committee briefly outlines a proposed response to thecurrent wave of mortgage delinquencies and foreclosures.

Since the beginning of the subprime meltdown, policymakers, housing experts, and economists have been looking for data that would enable them to predict housing price declines for individual states and for the nation as a whole. To date, no academic study has offered a quantitative basis for evaluating the potential...

Regulatory options for the mortgage and housing industry problems.

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