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In highlighting the origins of the troubles of the past as well as challenges posed by the present system, the authors present a menu of possible solutions that is both innovative and thought-provoking. Policymakers at all levels of government should consider the insights this volume offers and use them as a guide as they consider how to improve the quality and robustness of the United States consumer and housing finance system in serving all American families.

Keywords

Credit Rational credit policy Housing finance system Mortgage finance Home Mortgage

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