Government role in mortgage market | Bedford Corners Real Estate

Can the American mortgage market ever function again without Uncle Sam guaranteeing that lenders will be repaid?

“For the foreseeable future, there is simply not enough capacity on the balance sheets of U.S. banks to allow a reliance on depository institutions as the sole source of liquidity for the mortgage market,” stated a report on the American housing market this week, issued by a group that was filled with members of the housing establishment.

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