The Credit Crisis Of 2007–08: What Have We Learned? I
David Breneman • University of Virginia Most of the buying of these bad loans was done with borrowed all off the books and out of the reach of regulators. The mortgage-backed securities were long-term assets but their purchase was financed with short-term debt. This meant that the ... Read More
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What Was The Fannie Mae And Freddie Mac Bailout
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They hold or back more than $5 trillion in mortgage debt. But as the housing The government's takeover of Fannie and Freddie isn't enough, he says. "I do not see how you get out of costs the country," he says. Others are concerned about shuffling bad loans around the financial system, as ... Read More
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In Reverse Mortgages, Benefits And Pitfalls
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How To Manage Your debt And Invest For Your Future
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Crisis And Bailout - By Michele Boldrin And David K. Levine
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