Mortgage affordability products produce short term results, but they are unstable, and widespread proliferation leads to millions of foreclosures.
Affordability products in the 00s were the financing panacea everyone in real estate hoped for. Widespread use of affordability products ushered in...
http://ochousingnews.com/blog/why-did-dodd-frank-effectively-ban-mortgage-affordability-products/
Tuesday, July 5, 2016
Why did Dodd-Frank effectively ban mortgage affordability products?
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