Tag Archives: barbara boxer

Refinancing Underwater Loans

Politicians can’t stop meddling with the housing market. They’re dying to help. Well, like many do-gooders, they’re doing far more harm than good. Here’s a great article by Diana Spechler on her chronic helping tic. I wish politicians would take … Continue reading

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How Do You Refinance A Mortgage On An Underwater Home?

Why would any bank refinance a mortgage on an underwater home? It makes no sense. But Senator Barbara Boxer has found a Republican to cosponsor legislation to do just that. Economist Mark Zandi supports the proposal. Banks are going to … Continue reading

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