Pop quiz: What is the largest federally-subsidized housing program in the United States? Hint: It’s not Section 8 housing choice…
Tag: Mortgage
Finding the bright spots at the Legislature: Enhanced land and home protections for low income residents
The regular session of the 2017 Texas Legislature ended on May 29, and most housing-related legislation failed to advance through…
United for Homes: Fix mortgage inequalities and generate billions for affordable rental housing
Every state in our country, and particularly Texas, faces a chronic shortage of affordable rental housing. Meanwhile, the structure of…
NLIHC: Americans Support Mortgage Interest Deduction Reform
A poll commissioned by the National Low Income Housing Coalition finds that while most Americans do favor the mortgage interest…
National Mortgage Settlement–Purpose Yet Unfulfilled
Sitting in the Texas General Revenue account is $125 million received as Texas' cash payment share of the National Mortgage…
Why are mortgage closing costs in Texas the second highest in the US?
A Bankrate.com survey of home mortgage closing costs finds Texas has the second highest closing costs among the states. New York…
Its not just what Fannie Mae did, its also about what it didn’t do
Let me first admit that I have not yet read the book but I plan to over the next several…
House flippers and scam artists prey on Houston poor
House flippers and scam artists prey upon low income Texans as they desperately struggle to find a home or try…
An important role for state legislatures in the foreclosure crisis
Financial Institutions Committee Chairman Burt Solomon is reasonable and fair in approaching the issue of state regulation of financial institutions.…
Understanding the role of GSEs, HUD and affordable housing in the subprime crisis
A page 1 story in the Washingtom Post Tuesday laid a major part of the blame for the subprime lending…