Financial Services

A Lot Can Be Accomplished in 50 Years

| Posted in Op-Eds

This year, the Department of Housing and Urban Development (HUD) turns 50. And after 50 years, it couldn’t be said even more plainly that HUD, and many of the programs that fall under HUD’s jurisdiction, including but far from limited to the Federal Housing Administration (FHA), are broken.

Blaine's Bulletin: Operation Choke Point

| Posted in Columns

The following is the first paragraph of a letter I received back in December: “I am an employee of the Federal Deposit Insurance Corporation (FDIC). I was proud of my job and the FDIC’s mission before Operation Choke Point. During the past two years, however, we have been told to examine banks much more harshly, if they deal with a class of customers prohibited by Choke Point.” The…