| Jan 5, 2012 11:44AM There sure is a lot going on for a holiday-shortened week. First off, the Fed sent Congress a little missive on how to fix the housing and mortgage market . Among the ideas is forming a national strategy to facilitate the conversion of foreclosed properties into rentals, allowing banks to rent their repossessed homes rather than forcing lenders to sell them, changing the compensation structure for mortgage servicers, companies that collect payments from borrowers and pursue foreclosures in the event... Jan 5, 2012 1:06PM The noted science fiction writer Ursula K. LeGuin might have been referring to the present day when she opined that "the only thing that makes life possible is permanent, intolerable uncertainty; not knowing what comes next." With all due respect to Ms. LeGuin, I think most of us have had enough intolerable uncertainty, at least when it comes to the state of our economy. Markets and people hate uncertainty – especially in a prolonged circumstance. Short of a multitude of national...
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