| Jun 26, 2012 2:20PM A recent article in Public Finance Review reports on a study of the impact of the federal mortgage interest deduction (MID) not on homebuyer behavior, but rather on interest rates. The study, conducted by Andrew Hanson of the Department of Economics, Georgia State University, found that it may be mortgage lenders rather than homeowners who are benefitting from the perk. Hanson says that the MID is the largest housing-related subsidy in the federal budget. The Office of Management and Budget estimates... Jun 26, 2012 8:54AM President Obama just played his 100th round of golf since being elected President. In 4 years he has gone through more white tees than the cast of Jersey Shore. I am not a golfer, but many in the business are, and people are most focused on a) whether or not the nation is going to nearly shut down for an entire week, next week, given the middle-of-the-week 4 th holiday, and b) making sure locked pipelines are closing . Will lenders close those pipelines and meet delivery timelines for trades? Were...
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