Buy custom Legislation to Solve the Sub-Prime Lending Debachery
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| Topic: |
Business
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| Number of pages / Number of words: |
3 / 666 |
Essay's paper body
The up-front cost to the taxpayer is believed to be about $10 billion up front and the government would most likely recover the rest of the money through fees and the stake in the loans. There is some risk to the government if the housing prices continue to fall after the new appraisals. But it is estimated that nearly one million could be helped, it all depends on how many lenders volunteer to be part of the program...
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There is some risk to the government if the housing prices continue to fall after the new appraisals. But it is estimated that nearly one million could be helped, it all depends on how many lenders volunteer to be part of the program.
Overall, I believe this article was an honest and informative look at the housing crisis that millions of Americans are struggling with...
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