HAMP was mostly a foreclosure delaying program

Steve Randy Waldman at Interfluidity writes about a discussion last week with several bloggers and Treasury officials. A few excerpts:

Obviously the headline act was Timothy Geithner. Off the record (or “on deep background”), Geithner is entirely different from the sometimes stiff character who appears on television. He is fun to argue with, very smart, good natured, and intellectually wily. As Yves Smith quipped afterwards, Geithner “gives good meeting.” Despite that, our seminar was an adversarial affair.

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What lies ahead 

In real estate, short-term rentals (STRs) have carved a niche that extends far beyond the heyday of basic room rentals. This market has transformed in recent years, offering travelers a range of unique experiences while providing property owners with an appealing stream of income.

3d rendering of a row of luxury townhouses along a street

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