Remove Advocacy Remove Document Remove Policy Analysis
article thumbnail

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

The Stoop (NYU Furman Center)

14 Only when government gets involved – which is when policy and political concerns are combined with advocacy by ideological and economic interest groups – does one sometimes see something different, with the inevitably resulting cross-subsidies. teaser rates, low/no documentation, 40-year maturities, etc.,