Efforts to Expand HomeOwnership Overshot the Mark

Bipartisan Housing Initiatives Helped To Fuel Massive Asset Bubble By Frank Schiavone “Expanding Homeownership: The President believes that homeownership is the cornerstone of America’s vibrant communities and benefits individual families by building stability and long-term financial security. In June 2002, President Bush issued America’s Homeownership Challenge to the real estate and...