Published on Hope Street Group (http://www.hopestreetgroup.org)
POLICY PAPER: "Restoring Principles to the Housing Market: Proposals for Sub-prime Mortgage Reform"
By LonnyStern
Created Jan 17 2008 - 2:48pm

The fallout from the sub-prime mortgage crisis has put the American Dream of homeownership in jeopardy for millions of families and impacted many responsible homeowners and investors as well.  Hope Street Group offers a comprehensive solution that addresses market failures, consumer protection, and retirement security by: 1) assisting Americans who have already lost their homes, 2) protecting homeowners at risk of losing their homes to foreclosure, and 3) preventing predatory lending practices without extensive federal bailouts or potentially eroding the returns of mortgage-backed securities.

originally appearing in "The Economist" [1]
AttachmentSize
POLICY_SUMMARY_HSG_Sub-prime_Mortgage_Reform.pdf [2]59.66 KB
POLICY_PAPER_HSG_ Sub-prime_Mortgage_Reform.pdf [3]110.47 KB
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Source URL: http://www.hopestreetgroup.org/sub-prime_mortgage_reform

Links:
[1] /originally-appearing-economist
[2] http://www.hopestreetgroup.org/files/POLICY_SUMMARY_HSG_Sub-prime_Mortgage_Reform.pdf
[3] http://www.hopestreetgroup.org/files/POLICY_PAPER_HSG_ Sub-prime_Mortgage_Reform.pdf