Relevant:
- The Government-Created Subprime Mortgage Meltdown
- Is the Federal Home Loan Bank System Hiding Risk ?
- Banks Come Back For Another Bailout in Ireland While the US 'Manages Perceptions'
- Banks Fight Two-Front War Over Flawed Mortgages With Investors, Homeowners
- Borrowers Welcome Faster HARP Loan Responses
2012-10-18 — nytimes.com
``For those who are eager to fault banks for messing up the mortgage market, it is worth considering that this country lacks sufficient income and creditworthy prospective residential borrowers to fuel a mortgage market of any meaningful size without significant up-front system-wide subsidies and without life-of-loan default prevention customer service built into the project. ''
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