Tag Archives: home owners loan corporation

What is Pelosi’s Price for the Bailout Bill?

Robert Kuttner writes: A very dubious Wall Street rescue package went down to defeat Monday because the Republican leadership double-crossed the Democrats. Pelosi’s understanding was that the Republican leadership would produce at least 80 of the 199 Republicans in the … Continue reading

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What Will Mortgages Look Like?

Robert J. Shiller writes: We need to innovate, with the creation of “continuous-workout mortgages.” Such mortgage contracts, when originally signed, would specify a program for steady adjustment of the balance and payment schedule over the life of the mortgage, enabling … Continue reading

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What Can We Learn From The 1930s?

Alex J. Pollock writes for the Washington Post about plans for government intervention into the mortgage mess. He says the Home Owners’ Loan Corporation (HOLC) was one such successful temporary intervention; its help in the 1930s mortgage crisis holds lessons … Continue reading

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