A Short-Term Band-Aid Inevitably Worsens Long-Term Bleeding

By Thomas Lyons Essays 7 Comments »

A report this morning indicated that the idea of formally taking over mortgage giants Fannie Mae and Freddie Mac (henceforth “FMs”) has crossed the minds of the president and his advisers. 
For the mortgage layman, an introduction to the mortgage process is in order.  It begins when a prospective mortgage borrower applies for a loan with […]

Californication

By Jeremy Gayed Essays 4 Comments »

In May, the California Supreme Court held “unconstitutional” a California statute defining marriage as existing between one man and one woman. The opinion issued by the Court went out of its way–or, as Shakespeare might say, protested too much–to assure the people that the Court was not making policy, but only applying simple, well-recognized […]

Entries RSS Comments RSS Login