Former HUD Secretary Henry Cisneros placed the blame for the recent housing crisis on “unscrupulous interests” that fueled reckless lending and weak regulation rather than housing policies of the past two decades.
Cisneros says profiteers, not government, to blame for housing crisis
June 4, 2010, 1:28pm
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
Most Popular Articles
Latest Articles
Retirement plan participation reaches record high, but financial pressures persist
Nearly two-thirds of retirement plans now automatically enroll new participants at contribution rates of at least 4%.
-
Beazer refinancing raises Dream Finders deal cost by $53 million
-
With Warsh’s Fed overhaul, mortgage rates face a new risk
-
HUD aims to help multi-story manufactured housing go vertical
-
Intent beats volume: What real estate teams are learning from AI-powered follow-up
-
A search for a home in France shaped Real Brokerage CEO Tamir Poleg’s view on listing fragmentation
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio