Real estate's December report card

Guest perspective: Can Bush plan fix housing mess?

This month, we focus on the government’s impact on housing.

Paulson-Bush Plan — Much Ado About Nothing

We can’t find anyone credible who believes the Paulson-Bush plan that was announced on Dec. 6 will significantly help the housing market. According to UBS, as many as 340,000 borrowers would be eligible for avoiding an ARM reset, which is only a small percentage of the borrowers who will have difficulty making the mortgage payments on their homes.