Posts Tagged ‘Wall Street Journal’
Lennar as a case study in survival
Michael Corkery at The Wall Street Journal takes a good look at how Lennar is digging in for survival while small privately held homebuilders die off en masse. As Our Lot shows, publicly traded homebuilders are coming to dominate the new housing market, and they’re doing it through the strategic control of land in growth areas. In the case of Lennar, it set up a venture with the state pension fund CALPERS, then sold its stake and let the state worker retirees take a monumental loss. Now Lennar is moving to buy back the property at a huge discount.
More on the booming loan mod industry
The Wall Street Journal does its take on the loan mod industry’s move to profit from the Obama homeowner bailout, as first seen in Salon. California’s list of authorized loan modification companies is now 300 deep.
How the homes we live in turned into the monsters that ate our economy and the United States became a nation obsessed with real estate.
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Organizations that matter
- Affordable Housing Centers of America
- Arthur L. Carter Journalism Institute
- Brookings Metropolitan Policy Program
- Center for Budget and Policy Priorities
- Center for Responsible Lending
- Demos
- Drum Major Institute
- Joint Center for Housing Studies
- Lincoln Institute of Land Policy
- National Consumer Law Center
- National Housing Institute
- National Housing Trust
- National Low Income Housing Coalition
- National Training and Information Center
- Natn’l Community Reinvestment Coalition
- NEDAP
- New America Foundation
- PolicyLink
- Pratt Center for Community Development
- Revson Fellowship
- Smart Growth America
What Alyssa reads
- Baseline Scenario
- Ben Smith
- Bloomberg News
- Calculated Risk
- City Limits
- Consumer Law and Policy Blog
- Doug Henwood
- Felix Salmon
- Galleycat
- Housing Wire
- Mother Jones
- Next American City
- Paul Krugman
- PolicyCents
- Ryan Avent
- Shelterforce
- Street Level
- Talking Points Memo
- The Audit
- The Balance Sheet
- The Big Picture
Tags
American Prospect Ameriquest Andrew Cuomo Atlanta Barney Frank Bloomberg News Bloomsbury Bush Business Week California Clinton Community Reinvestment Act Consumer Financial Protection Agency Dean Baker Elizabeth Warren Fannie Mae Felix Salmon FHA financial stability foreclosures Freddie Mac Gretchen Morgenson Home Mortgage Disclosure Act homeownership Larry Summers loan modifications media mortgage-backed securities Mortgage Bankers Association mortgage brokers mortgage fraud mortgage suicides New York Times Obama Paul Krugman publishing Rick Santelli Salon securitization subprime tenants Texas The Big Money Timothy Geithner Wall Street Journal