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Publication Date: December 2007
Publisher: Heritage Foundation (Washington, D.C.)
Author(s): David C. John; Alison Acosta Fraser
Research Area: Banking and finance; Social conditions
Keywords: Regulation; housing; mortgage; subprime
Type: Brief
Coverage: United States
Abstract:
Treasury Secretary Henry Paulson's "HOPE NOW" is a far better way to deal with the hundreds of billions of dollars worth of subprime mortgages than heavy-handed legislation.