Reason.com
New at Reason: John Stossel on Why the Government Should Stop Insuring Mortgages
The Federal Housing Administration
announced this week that it wants tougher rules on mortgage
lenders. As John Stossel notes, it's about time. After all,
today's financial mess was precipitated in part by the
government's moves to encourage mortgage lending to unqualified
or at best unproven borrowers.
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