And another program of the Federal Government that is sure to - TopicsExpress



          

And another program of the Federal Government that is sure to boast the economy, QRM: "The plan from the Federal Reserve and five other regulators calls for lenders to keep a 5% stake in the credit risk for certain securitized loans that don’t meet “qualified residential mortgage” standards. These QRM loans are designed to be particularly safe by making sure that borrowers can afford their mortgages." I presume they hope QRM will do for housing what QE-3 has done for securities. FALSE POSITIVE
Posted on: Wed, 28 Aug 2013 21:14:17 +0000

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