Blog post about housing problems from one of authors of study is HERE; includes link to FHA paper HERE.
Doomsday prophecy from author's blog post:
My best guess is that it will end with a crash in the housing finance sector, with the federal government forced by popular revulsion at mushrooming losses to remove itself almost entirely from the housing finance equation. The Resolution Trust Corporation will look like an amateur warm-up act.
Originally created and posted on the Oregon Housing Blog.
No comments:
Post a Comment