Fannie Mae is now allowing former owners to rent out their own foreclosed homes. The thinking behind this, according to the Wall Street Journal, is to "forestall the rash of foreclosed houses coming on the market," which are lessening home values and obviously selling for very low prices. The program has critics, who say Fannie [...]

For years, it seems, I've passed by the Maxim in Tenleytown. The building was supposed to be turned into a 42-unit residential project at 4600 Wisconsin Avenue and Brandywine Street NW. But with a name like "Maxim" in that masculine, tryin'-to-be-sleek-and-sexy font, the signs projected more Maxim Magazine than principles and proverbs.
Either way, the [...]

There's good news and bad news: "Washington-area foreclosures more than doubled in 2008, but they rose from historically low levels and involved less than 3 percent of all local homes," according to the Washington Business Journal.