New Bill Shrinks Government’s Role in Housing

Government help for housing may be coming to an end, if a new bill floated by House Republicans becomes law. This wide-ranging piece of legislation could virtually eliminate a number of government-backed housing initiatives, privatize federal lending services and make...

Can Good Math Skills Prevent Foreclosures?

Know your math, keep your house? A new study conducted by the Columbia Business School appears to suggest exactly that. All other things being relatively equal, Columbia’s researchers found that the better a homeowner’s math skills, the less likely they were to lose a...

Is the Mortgage Interest Deduction in Jeopardy?

The mortgage interest deduction has been around since 1913, and to this day it remains one of the most valued provisions in the real estate tax code. But new revisions to tax laws could change all that, as lawmakers argue that this venerable exemption really does...

Student Loan Debt Gets Political

The ongoing saga of out of control student loan debt took a detour through Washington for some partisan infighting last week, as House Republicans and Senate Democrats engaged in some busy finger pointing about who’s responsible for delaying a bill that would keep...

How the Fed Affects Everybody’s Life

The Federal Reserve has been hovering in the headlines over the past few months, as investors and financial institutions around the world keep a close eye on its plans to buy massive amounts of mortgage backed securities. Although it might seem that the Fed’s...