U.S. Economy and the Housing Market
Daniel Mudd talked about the housing market and subprime mortgage crisis and the broader implications for the U.S. economy. He outlined meas… read more
Daniel Mudd talked about the housing market and subprime mortgage crisis and the broader implications for the U.S. economy. He outlined measures to ease the crisis and reforms for the future. Topics included preventing foreclosures by freezing loan rate increases and refinancing loans, creating innovative but high-quality new financial instruments, public awareness and education campaigns, and regulating the mortgage market differently. He responded to questions from members of the audience. close
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