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Real Estate & Property Law

: Housing Wire

Bankers: Fair-Value Didn?t Cause Credit Crisis

By PAUL JACKSON

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An interesting little survey released Thursday morning suggests that banking executives see lax underwriting and politics as the chief reasons behind the nation’s housing and credit crises. A survey conducted by Grant Thornton LLP and Bank Director magazine found that underwriting and a “political emphasis on increasing home ownership,” as well as a “lack of [...]

Full post as published by Housing Wire on January 08, 2009 (boomark / email).

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