Eager lenders and under-qualified borrowers helped inflate the housing bubble that led to the economic collapse. We discuss what role government had in inflating the bubble, the current state of Fannie and Freddie, and the future of the "ownership society."
30 Issues in 30 Days is our election year series on the important issues facing the country this election year. Today: The state of post-bubble housing policy and federal government's role in the market. Visit the 30 Issue home page for all the conversations.
A Brian Lehrer Show call-in for how the experience of buying and owning a house has shaped your politics - from zoning to taxes to government support and more.
David Min, associate director for financial markets policy at the Center for American Progress, and Michael Lea, director of the Corky McMillin Center for Real Estate College of Business Administration San Diego State University and the former chief economist at Freddie Mac, debate whether the 30-year fixed rate mortgage should be preserved or become a thing of the past.
On the Brian Lehrer Show today at 11:25 am. Audio and a recap of this conversation will be posted here by 1pm.
Phil Angelides, Financial Crisis Inquiry Commission chairman is the monthly guest for February. Each week he unpacks the Financial Crisis Inquiry Commission findings on the economic meltdown. This week he discusses the role of Fannie Mae and Freddie Mac in the lead-up to the housing bubble and bust.