Posts with tag american dream

The American Dream of Homeownership: Bloody but Unbowed

The American dream of homeownership has taken a serious hit in the past five years--or so you might think. No wonder, what with so many Americans pummeled by underwater properties and foreclosures. Even the government piled on, declaring in a February housing report: "The Administration believes that we must continue to... Continue Reading »

Making Homeownership Dreams Come True

The dream of homeownership has become a bit harder to achieve in these tough economic times. Now there's a nonprofit organization that's hoping to change that for those families where owning a home is always a far-fetched goal. Family Services, Inc., a nonprofit organization based in North Charleston, S.C., is... Continue Reading »

Housing Market Stumbles, Can Economy Soar?

An unstable housing market may have plunged the U.S. economy into a tailspin, but according to Steve Goldstein at MarketWatch, the recovery may no longer be dependent on the health of the real estate market. Are we seeing, for the first time, a departure from the kind of rhetoric that defined the American Dream? Has the... Continue Reading »

Showdown for Fannie & Freddie

The epic drama of Wall Street bailouts and Main Street foreclosures riveted the nation in 2009. Meanwhile, financial industry groups and Washington policy advocates have been prepping for the big story of 2010: The fight over the future of Fannie Mae and Freddie Mac -- and with them, the fate of the 30-year, fixed rate... Continue Reading »

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