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Author Archives: Staff Writer

The New 21st Century Housing Financial System

America's housing finance system is in what some call a "dysfunctional limbo." Not only is it underperforming, but it is also outdated and in desperate need of a complete revamping among its mission, activities, products, and services.

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Obama, Yellen Discuss U.S. Economy

President Barack Obama and Federal Reserve Chair Yellen met in the Oval Office to discuss the state of the U.S. economy in the midst of slowed growth due to lower consumer spending.

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Goldman Sachs Pays Big to Settle Fraud Claims

Goldman Sachs finalized a settlement announced earlier this year, stating that it has agreed to settle federal and state investigations probes concerning the sale of toxic residential mortgage-backed securities in the time leading up to the financial crisis.

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