Bloomberg reports on the continued freefall in BBB- on ABX indices, and says tightened underwriting criteria are further fueling a credit crunch in subprime lending.
‘Going to zero’
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Opinion: What is the public actually getting for $7.3B in housing subsidies?
The Federal Home Loan banks receive billions annually in subsidies, but are skirting their responsibility to support our nation’s housing troubles, argues Sharon Cornelissen, Director of Housing at the Consumer Federation of America.