Another jobless recovery?
Fed Chairman Ben Bernanke's appearance before the House Financial Services Committee yesterday lacked any unexpected revelations. One point in his prepared remarks did catch my attention, however.
Mortgage modification the key?
Not to beat a dead horse, but it is worth revisiting the Making Home Affordable initiative because the foreclosure problem just isn't going to go away. I want to point out two things: one that is missing and another that isn't working anywhere close to expectations.