housing expectations

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[Pulse] Were prime borrowers actually the ones responsible for the housing crisis?

Jun 07, 2019By

The role of mortgage-backed securities, rating agencies, prudential regulations, and housing policies have been debated at length and quick conclusions rather than a much-needed empirical evaluation have led economists and market pundits to dub the Great Recession a Subprime Crisis. But a recent paper by MIT researchers says they’re wrong. Here’s why, and what it means for the future.

3d rendering of a row of luxury townhouses along a street

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