To Comfort The Afflicted
And Afflict The Comfortable

To Comfort The Afflicted And Afflict The Comfortable

Monday, February 10, 2025

Observercast

The Mortgage Thieves Return

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BY FROMA HARROP First come the shady operators, then comes the collapse, then comes the bailout, then come the shady operators. That, too often, is the sad history of financial meltdowns and their cleanups. The closing days of the Bush Administration offer the familiar spectacle of bad actors descending on a government program fat with new money and starved of oversight. The object of plunder this time is a Federal Housing Administration program recently empowered […]

Arnold Hamilton
Arnold Hamilton
Arnold Hamilton became editor of The Observer in September 2006. Previously, he served nearly two decades as the Dallas Morning News’ Oklahoma Bureau chief. He also covered government and politics for the San Jose Mercury News, the Dallas Times Herald, the Tulsa Tribune and the Oklahoma Journal.