Sorry guys, there really isn't much new here: replace two GSE's with one. So what?!
Let the private sector issue mortgages. Since they are lending their own money, they will ensure people can only borrow for homes which are affordable. It is that simple.
Sorry guys, there really isn't much new here: replace two GSE's with one. So what?!
Let the private sector issue mortgages. Since they are lending their own money, they will ensure people can only borrow for homes which are affordable. It is that simple.