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Mortgage Market Bound by Major U.S. Role
Second in an occasional series In the go-go years of the U.S. housing boom, virtually anybody could get a few hundred thousand dollars to buy a home, and private lenders flooded the market, aggressively pursuing borrowers no matter their means or financial history. Now the pendulum has swung to ...-
By Zachary A. Goldfarb and Dina ElBoghdady