YAL in Action

Check out YAL activities on campus and updates from around the liberty movement.

Tag: Mortgages
  • The Mortgage Mess

    Here’s a story that’s not receiving a lot of coverage thus far, but really brings home what a mess the housing crisis really is. Supposedly, when you buy a home the bank lends you money up front and agrees to be paid back gradually, with interest.  A simple, straightforward relationship. But as we all now …

  • Largest purchaser of mortgages in 2009: The Federal Reserve

    You may have seen the great line of questioning that Rep. Alan Grayson (FL) asked Federal Reserve General Counsel Scott Alvarez during the HR 1207 Hearing last Friday.  It went something like this, Alan Grayson: I would like to know whether it is within the Federal Reserve’s legal authority to try to manipulate the stock …