Friday, September 02, 2005

Mortgage helps could be harmful

Kansas City Star | 08/31/2005 | Mortgage helps could be harmful: "If housing prices fall, will mortgages cushion the decline, or make it worse? Put another way, will more overstretched homeowners be forced to sell?
At issue is whether financial innovations that have made it easier for Americans to buy homes have also made the system less stable and more subject to shocks "
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