Seeking to Reinflate the Housing Bubble

By:  William P. Hoar
07/12/2011
       
Seeking to Reinflate the Housing Bubble

ITEM: “Regulators want to ensure mortgage lenders retain some of the risk on loans they originate, as it is crucial to strengthen the housing finance system, a top Treasury official said on Friday,” reported Reuters for June 24.

ITEM: “The Obama administration is ‘seriously considering’ a proposal by bank regulators that could cause mortgage rates to rise on all but the safest home loans, a Treasury Department official is set to say Friday,” reported Dow Jones on June 24.

CORRECTION: The same folks who brought you the managed housing economy that tanked want to continue to serve as the mismanagement.
 

ITEM: “Regulators want to ensure mortgage lenders retain some of the risk on loans they originate, as it is crucial to strengthen the housing finance system, a top Treasury official said on Friday,” reported Reuters for June 24.

ITEM: “The Obama administration is ‘seriously considering’ a proposal by bank regulators that could cause mortgage rates to rise on all but the safest home loans, a Treasury Department official is set to say Friday,” reported Dow Jones on June 24.

CORRECTION: The same folks who brought you the managed housing economy that tanked want to continue to serve as the mismanagement.

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Photo: AP Images
 

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