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Subprime Mortgage Problems: A Quick Tour Through the Rubble
Publication Date: April 2008
Publisher(s): Heritage Foundation (Washington, D.C.)
Author(s): Ronald D. Utt
Series: WebMemo
Topic: Banking and finance (Credit and loans)
Economics (Economic policy, planning, and development)
Keywords: Economy; fannie; freddie; gse
Type: Brief
Coverage: United States
Abstract:
Proposals for new federal spending and credit programs would greatly expand the role of government in the economy while doing little to alleviate the distress caused by the financial crisis.