All posts tagged "mortgage meltdown"

  • Government
    Brookings Scholar: Principal Reductions The Wrong Approach

     (Victor Joecks/NPRI) – Conservatives and libertarians have long understood that a government-mandated principal reduction for underwater homeowners is the wrong approach to solving the nation’s and Nevada’s housing problems. Now, even the liberal Brookings Institution has agreed. In Sunday’s Las Vegas Review-Journal, Ted Gayer, a senior fellow at the Brookings Institution, and...