Monday, October 5, 2015

OCHN: Five measures necessary to reduce government mortgage loan guarantees

The US taxpayer insures most of the mortgages in the United States today, exposing you and me to trillions in potential losses in a future housing bust.

Prior to the collapse of the housing bubble, when lenders gave free money to loan owners, it was theirs to give — and to lose. But when the l...
Five measures necessary to reduce government mortgage loan guarantees

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