Mortgage Industry Trends

Over the past six months, much was made of the "emergency" need to rescue the nation's largest banks, lest the country enter a downward economic spiral that would have catastrophic consequences for

It would have made for better drama if Fannie & Freddie had told Paulson to shove it.

I don't think any GSE watcher would have ever thought what happened could have happened.

Well, it was inevitable. There is no time in American history when a crisis takes places and lawyers don't immediately circle the wagons like vultures seeking new prey.

    To hear Congress and our presidential candidates tell the story, the recent collapse of the mortgage industry, which has fueled the largest number of property foreclosures since