Editorial: No more mortgage meddling

“Just when the real estate market is showing some signs of life after five years of declines and stagnation, the California Legislature could take it off life support.

“The S&P/Case-Shiller 20-city composite index gained 1.3 percent, with 19 out of 20 cities registering gains,” the financial website MarketWatch reported Tuesday. However, prices still were off 1.9 percent from a year ago.” (Orange County Register, June 27, 2012). Read the editorial here.