Tuesday, December 3, 2013

Report: Lending Rules Could Have Cut Defaults in Half

Posted by Me on Facebook on December 03, 2013 at 12:25PM:



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Source:

http://on.wsj.com/1eT1SkN

Description:

Nearly half of all mortgage defaults from the housing bust might have been prevented by forthcoming consumer-protection regulations, but another 25% of loans that didn’t default might not have been made, according to an analysis by economists at Goldman Sachs.

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