Everglades Re Ltd., the first-ever catastrophe bond from Florida’s Citizens Property Insurance Corp., will go down as the largest single-tranche, single-peril catastrophe insurance bond in history,
Home prices hit new post-bubble lows nationally in February, reaching their lowest levels since 2002, according to the most recent S&P/Case-Shiller home price report.
More than $5.8 trillion in home mortgage debt in the United States is now either owned or guaranteed by a federal entity—Federal Housing Administration (FHA), Ginnie Mae, the Veterans Housing Admin
Just a few hours after Federal Reserve Chairman Ben Bernanke addressed the Fed’s 48th Annual Conference on Bank Structure and Competition in Chicago, JP Morgan Chase announced it had suf
A fascinating area of constitutional law deals with presidential authority during declared “national emergencies” and “time of war.” During wars, financial crises, or both, the relationships among
White House polling must show how badly gas prices are hurting President Obama's approval numbers. Badly enough that he's even trying to ease up on attacking Iran.
One of the most frequently recurring justifications for housing densification policies (smart growth, growth management, livability, etc.) lies with the assumption that automobile-based mobility di