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Real Estate & Property Law
: Housing WireAre ?Affordable Mortages? a Myth?
By PAUL JACKSON
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An interesting research paper released last week by researchers at the Federal Reserve Bank of Boston takes a critical look at the nation’s foreclosure problem, and finds evidence that conflicts directly with what many have assumed is common knowledge — the idea that borrowers are stuck in ‘unafforable mortgages,’ and need strong government intervention in [...]Full post as published by Housing Wire on April 13, 2009 (boomark / email).
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