2011-05-29theatlantic.com

"If changing the status quo was easy, it wouldn't be the status quo. This explains the challenge facing housing finance policy reform. Currently, the government backs around 90% of new mortgages. The only way for this to change is for the government to actively step back and allow the private market into the game. This was an important takeaway from a Senate Banking Committee hearing on Thursday that focused on housing finance."



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