| Jul 12, 2012 1:15PM A Georgetown law professor is proposing that a Resolution Trust Corporation (RTC) like entity might be the key to getting the housing market back on track . In Clearing the Mortgage Market through Principal Reduction: A Bad Bank for Housing (RTC 2.0) Adam J. Levitin considers ways in which negative equity problems might be addressed and assesses the feasibility of using a " bad bank " entity for pooling and standardized restructuring and resecuritization of underwater mortgages. This is the first... Jul 17, 2012 11:44AM Builder confidence took its biggest leap in nearly a decade according to data released this morning by the National Association of Home Builders (NAHB) . The NAHB/Wells Fargo Housing Market Index (HMI) rose six points in July to 35, the highest level it has seen since March of 2007 and each of its component indices improved as well. The HMI is derived from a monthly survey NAHB has conducted among its home builder members for a quarter century. The survey asks for perceptions of current single-family...
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