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The Trump administration and lawmakers in both parties generally don’t believe the government should be running in effect two enormous financial companies. Administration officials want to shrink the government’s involvement and return housing finance to a privately run system. — The Wall Street Journal
The Wall Street Journal takes a look at how (and why) the Trump Administration is looking to change the federal government's role in overseeing aspects of the nation's mortgage securities market. According to WSJ, the two government-sponsored entities secure half of the nation’s... View full entry
Lenders often give special treatment to the wealthy, of course, but the tech industry has created a particularly ripe crop of clients who are rich or on their way. [...]
“Lenders get so caught up trying to stay competitive and finding a market edge, they basically allow greed to overcome common sense ... Easy money does fuel and accelerate the inevitable bubble.”
— bloomberg.com
Related on Archinect:Facebook enters the housing market – and it's probably not a good thingGoogle acquires LinkedIn's HQ in huge, unexpected property swapWhat's the newest project for Silicon Valley investors? Building citiesSilicon Valley is set to get over 10K more housing units – is this... View full entry
