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The White House’s Focus on Closing Costs: Long Overdue and Worth the Fight (Part 2)

The Stoop (NYU Furman Center)

This translates into considerable clout in Congress and state legislatures. Conclusion Ending the ability of housing and mortgage industry groups to block reforms designed to restore normal price competition will create several public policy benefits. million members – almost one percent of the entire U.S.

Advocacy 101
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Government Mortgage Interest Rates: A Serious Discussion about the Intertwined Topics of Risk Adjustment and Cross-subsidies

The Stoop (NYU Furman Center)

However, it is very hard to argue from a public policy viewpoint that taxpayers should indeed be implicitly subsidizing those types of loans. Adding quality transparency to the process so the public can see how it all works would complete the picture and eliminate any concerns about hidden agendas. percent fee.