Are record-low interest rates masking high-cost mortgage lending?

Are record-low interest rates masking high-cost mortgage lending?

Five leading economists weigh in and the answer may surprise you

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Nowcast will predict in real time

The New York Times rambles, and mangles mortgages along the way

Mortgage finance and mortgage regulation aren’t the paper’s strong suits
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CEO of Freddie Mac defends mortgage giant

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The CEO of the beleaguered mortgage giant Freddie Mac defended its record Tuesday against voices rising against it in Washington. U.S. Rep. Barney Frank, D-Mass, has suggested the possible scrapping of Freddie Mac and Fannie Mae, both of which have been under government control since 2008. At a Detroit Economic Club luncheon in Southfield, Freddie Mac CEO Charles "Ed" Haldeman said he understands the frustration surrounding America's housing meltdown. "I totally get it," he said.

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