Foreclosure Prevention

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Cash for Homes: Policy Implications of an Investor-Led Housing Recovery Report
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Cash for Homes: Policy Implications of an Investor-Led Housing Recovery

Investors can and should be part of our nation’s housing recovery, but there are serious risks associated with leaving neighborhood recovery in the hands of private investors.

Sarah Edelman

Congress Could Help ‘Quantitative Easing’ Reach Main Street Article
A home for sale is seen in Newton, Massachusetts. (AP/Steven Senne)

Congress Could Help ‘Quantitative Easing’ Reach Main Street

Three plans to help millions of families take advantage of low interest rates through mortgage refinancing are now before Congress, but Congress is slow to act.

John Griffith

Time to Make an Offer FHFA Can’t Refuse Article
Federal Housing Finance Agency Acting Director Edward DeMarco, right, testifies on Capitol Hill in Washington before the Senate Banking Committee. (AP/Manuel Balce Ceneta)

Time to Make an Offer FHFA Can’t Refuse

The agency stands in the way of principal reductions by mortgage financiers Fannie Mae and Freddie Mac, but the Treasury Department can fix that, writes John Griffith.

John Griffith

The FHA Is on Board With Principal Reduction Article
Housing and Urban Development Secretary Shaun Donovan gestures during a news briefing at the White House.<br /> (AP/Pablo Martinez Monsivais)

The FHA Is on Board With Principal Reduction

John Griffith argues that with most of the mortgage industry embracing principal reduction as a way to help troubled homeowners, Fannie Mae and Freddie Mac should follow suit.

John Griffith

Time to Ramp Up Refinancing Article
Sens. Barbara Boxer (D-CA) and Robert Menendez (D-NJ) speak to reporters in 2008 on Capitol Hill. The senators co-sponsored a bill to reform the Home Affordable Refinance Program.  (AP/Lauren Victoria Burke)

Time to Ramp Up Refinancing

New legislation would help more homeowners refinance through the Home Affordable Refinance Program, writes John Griffith.

John Griffith

Tossing a Lifeline to Underwater Homeowners Article
With a little help from the federal government, many families who currently have

Tossing a Lifeline to Underwater Homeowners

Congress can step up and help the more than 3 million homeowners that cannot refinance their mortgages to today’s low rates, writes John Griffith.

John Griffith

Sharing the Pain and Gain in the Housing Market Report
A foreclosure sign outside of a home. Fannie Mae, Freddie Mac, and the Federal Housing Finance Agency could prevent foreclosures by combining principal reduction with

Sharing the Pain and Gain in the Housing Market

John Griffith and Jordan Eizenga explain why Fannie Mae, Freddie Mac, and the Federal Housing Finance Agency should embrace a targeted principal-reduction program for certain deeply underwater loans it owns or guarantees.

John Griffith, Jordan Eizenga