Latest In

Breaking News

Did McCain Get His Mortgage Plan From Hillary Clinton?

Here’s more history on Sen. John McCain’s mortgage plan, this time from The Wall Street Journal’s blog. Apparently, the idea has an interesting history: It

Jul 31, 2020
105.7K Shares
4.4M Views
Here’s more history on Sen. John McCain’s mortgage plan, this time from The Wall Street Journal’s blog. Apparently, the idea has an interesting history:
It actually is a plan that has been proposed before–and pitched again twice in the past week–by professors Glenn Hubbard and Chris Mayer of Columbia University and Marty Feldstein of Harvard University. It also resembles a plan proposed by Democratic Rep. Barney Frank of Massachusetts and Democratic Sen. Chris Dodd of Connecticut in March to auction off mortgages and allow them to be refinanced by the Federal Housing Administration. The Frank-Dodd legislation would have given the FHA $20 billion to buy and refinance as much as $300 billion of mortgages. It was supported by New York Sen. Hillary Clinton during her primary campaign for the Democratic presidential nomination.
We’ll be learning more as the day goes on.
Dexter Cooke

Dexter Cooke

Reviewer
Dexter Cooke is an economist, marketing strategist, and orthopedic surgeon with over 20 years of experience crafting compelling narratives that resonate worldwide. He holds a Journalism degree from Columbia University, an Economics background from Yale University, and a medical degree with a postdoctoral fellowship in orthopedic medicine from the Medical University of South Carolina. Dexter’s insights into media, economics, and marketing shine through his prolific contributions to respected publications and advisory roles for influential organizations. As an orthopedic surgeon specializing in minimally invasive knee replacement surgery and laparoscopic procedures, Dexter prioritizes patient care above all. Outside his professional pursuits, Dexter enjoys collecting vintage watches, studying ancient civilizations, learning about astronomy, and participating in charity runs.
Latest Articles
Popular Articles