In Reversal, Fed Approves Plan to Curb Risky Lending


	In Reversal, Fed Approves Plan to Curb Risky Lending

JICWyllie

12-20-2007 7:45 AM

323 views

tags:

economy, loans, i-regulation

JICWyllie says:

This should slow down the housing market some more

1 Comment |

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12-20-2007 9:41 AM

obvious

There's definitely a trade-off here... The loosening of mortgage requirements helped correct some of the institutional discrimination in the housing market, however it also clearly led to the current disaster. I hope we can find a way out of this credit crisis and still make home ownership available to people who were locked out of the market before.

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