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Simple, Sensible Reforms for Housing Finance

"At the peak of the boom in 2006, over a third of all U.S. home purchase lending was made to people who already owned at least one house. In the four states with the most pronounced housing cycles, the investor share was nearly half 45 percent. Investor shares roughly doubled between 2000 and 2006. While some of these loans went to borrowers with “just” two homes, the increase in percentage terms is largest among those owning three or more properties. ....

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Hack of Federal Agencies Shows Cyber Dangers to Supply Chains


“[These attackers] are weaponizing market share and scale against a software provider,” Mr. Pollard said. “That’s incredibly concerning.”
Some computer systems at the Commerce and Treasury departments, as well as the Department of Homeland Security, were compromised as a result of the attack. SolarWinds lists many additional customers on its website 425 of the Fortune 500 companies and additional U.S. agencies but it is unclear how many and which have been affected.
Mr. Pollard said such reach can allow attackers to hit multiple targets through a single entry point.
“While there’s a lot of advantages of centralizing from a procurement perspective, you have to wonder if you concentrated too much risk in the U.S. government,” he said. “You’re not going to put the president and vice president on the same flight.” ....

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