« 日経:グアテマラ 脱貧困へ農家動く | Main | The Increase in Leisure Inequality »

Blinder: How to Cast a Mortgage Lifeline? (NYT)

Blinder: How to Cast a Mortgage Lifeline? (NYT)

    THE financial markets are downright scary. And it seems unlikely that we can extricate ourselves from the current series of rolling financial crises without improving the situation in three related markets: those for houses, mortgages and securities based on mortgages.
    In a previous column for Sunday Business, I advocated one possible approach: creating a modern version of the Home Owners’ Loan Corporation, or HOLC, the Depression-era entity that bought up old mortgages and issued new, more affordable ones in their stead. That idea, which hardly originated with me, stirred huge interest in both financial and political circles. (You should see my in-box.)

|

« 日経:グアテマラ 脱貧困へ農家動く | Main | The Increase in Leisure Inequality »

Economics」カテゴリの記事

Comments

Post a comment



(Not displayed with comment.)




« 日経:グアテマラ 脱貧困へ農家動く | Main | The Increase in Leisure Inequality »