Housing advocates protest Bear Stearns bailout
Protesters opposed to the Fed’s help in bailing out Bear Stearns entered the lobby of the investment bank’s Manhattan HQ Wednesday, demanding assistance for homeowners.
Mortgage bankers cleaning up mess they made
Across the country, key players in the real estate boom are adapting to the new reality of the marketplace and are finding new success by offering solutions to the problems they helped to create.
McCain’s housing crisis options
John McCain wants to leave the door open to a wide array of proposals to address the turmoil in home financing.
I have a real problem with the government using my money to bail these people out. Most simply bought more house than they can afford. It isn’t the banks fault. People should take personal responsibility.
I also have a problem with my money being used to bail out these banks. They made the risk and stood to make huge profits. That obviously didn’t work out, so hate it for you.