Tag Archives: university of california berkeley

When Will Private Money Enter The Mortgage Market?

When private money feels assured it will make a nice return, but with the Obama administration considering a foreclosure settlement deal with the big lenders that will force them to write down the principal of many borrowers behind on their … Continue reading

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Ben Bernanke Wants More Government Intervention

Ben Bernanke suggests creating a government agency to insure mortgage bonds. He claims there would be a limited downside for the government and a significant upside for the market. He says this has worked well in Europe. Bernanke emphasizes that … Continue reading

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