Housing Market
James Lardner released his report for Demos, Beyond the Mortgage Meltdown: Addressing the Current Crisis, Avoiding a Future Catastrophe. Pan… read more
James Lardner released his report for Demos, Beyond the Mortgage Meltdown: Addressing the Current Crisis, Avoiding a Future Catastrophe. Panelists analyzed the strengths and weaknesses of the rescue bill before Congress sponsored by Senator Christopher Dodd, Senator Richard Shelby, and Representative Barney Frank. Other topics included the magnitude of the housing market crisis; the history of the housing market bubble; the enabling role of federal agencies and officials in the subprime crisis; additional steps recommended to contain the foreclosure epidemic and aid states and localities; and recommendations for new rules and oversight machinery for the mortgage market. close
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