Tag Archives: bond insurer

The Role Of Government In Our Mortgage Problems

What should the government do with Fannie Mae and Freddie Mac? It seems like everyone has an idea. That’s a problem with GSEs. Too many conflicting missions. Some say they should concentrate on making money. Others say they should do … Continue reading

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Ben Bernanke Says Government Has A Role To Play In The Mortgage Market

I had no idea what a big fan Ben Bernanke is of government intervention. He even wants a second stimulus package. There’s talk about a government bond insurer such as the FDIC. WASHINGTON (Dow Jones) — Federal Reserve Chairman Ben … Continue reading

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Mortgage Companies Reveal Bad First Quarter Earnings

At least some people think the worst is over. Mortgage companies have lost billions. The US economy has lost over $200 billion from the subprime mess which has hurt credit markets around the world. Shares in mortgage lenders and insurers … Continue reading

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Subprime Crisis Over?

The New York Times reports that Wall Street thinks happy days may be here again. The stock market had a great day today and this means something significant. Stocks started the second quarter with a soaring rally on Tuesday that … Continue reading

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