Date: July 25th, 2008

Fundamental reform arrives, step by careful step

25 July, 2008 (09:19) | GSEs, Regulation, Subprime, US News | No comments

 
“When you’ve got them by the wallets, their hearts and minds will follow.”
– Not said by Nixon presidential aide Chuck Colson
 
Even as the American housing financial ecosystem continues to distribute the strain of rolling losses, the ecosystem also continues to adapt rapidly.  Ever since the St. Patrick’s Day coup, where the Federal Reserve and Treasury […]