REAL Trends Updates
#975
item 2 of 6
item 2 of 6
January 29, 2008
New stimulus package promises to change standards on loans
One of the features of the economic stimulus package fashioned last week by Congress and the Bush administration would provide guarantees to more - and much larger - mortgages in an effort to boost the housing market. But it also would expose the nation's two government-sponsored mortgage companies to greater credit risk. With defaults rising, investors lately have shunned nearly all mortgages... This content only available to REAL Trends Members. Please log in below.|
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