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"Since government agencies back about 80% to 85% of new loans..." That's the problem right there: government is underwriting the risk. Get rid of GSE's like Fan
by joshuaheard 10y ago
"Since government agencies back about 80% to 85% of new loans..." That's the problem right there: government is underwriting the risk. Get rid of GSE's like Fannie Mae setting standards and underwriting risk, and you will return to a more normal market fluctuation.