A Lot More
Observations on housing's wreckage and recovery
The homeowner bailout
New from me, in The Big Money: Why Obama’s plan to ease troubled mortgages will be harder than it sounds. Here’s a tease:
You might think that straightening out a $400,000 mortgage would be massively simpler than righting sinking financial institutions nominally worth billions. Yet rescuing homeowners could turn out to be among the toughest bailout challenges of all.
