All Posts Tagged FHA

Bernanke Asks Taxpayers To Bail Out Banks

March 4th, 2008 | No comments

Interesting analysis of Ben Bernanke’s latest mortgage musings.

If you were used to doing nothing, what would you do?

January 25th, 2008 | No comments

You’re on the board of a couple of big companies. Their business is investing in home mortgages, and you force them to be moderately picky about what they buy. It can’t be too big, and must garner a sufficient rate of interest over a sufficient length of time. You also subsidize these companies through loan [...]

Countrywide CEO – Selling shares and pitching bigger subsidies

December 7th, 2007 | No comments

You can’t make this stuff up. Via Reuters: Countrywide Financial Corp Chief Executive Angelo Mozilo sold some of his shares in the No. 1 U.S. mortgage lender to handle matters relating to his estate and retirement, former Countrywide board member Henry Cisneros said on Fox Business Network on Wednesday… Mozilo has realized more than $100 [...]