Friday, April 8, 2011

How to fix the mortgage mess

Update on thinking regarding the role of government in the mortgage market, how much will banks be required to keep on their book and size of down payment.

Wells Fargo's John Stumpf: How to fix the mortgage mess
Source: money.cnn.com

As Washington moves to restructure Fannie Mae and Freddie Mac, lawmakers must make clear once and for all the government's role in the home mortgage market.

 

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