AbstractThere is a simple solution to the housing-bubble problem that lies behind the current panic: an institution that makes a mortgage loan should be required to keep that loan on its balance sheet.
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Bibliographic InfoPaper provided by American Enterprise Institute in its series Working Papers with number 30943.
Date of creation: Jan 2009
Date of revision:
mortgage; Merrill Lynch; market; makin; John Makin Economic Outlook; John H. Makin; Goldman Sachs; economy; economic; crunch; crisis; credit; burst; bubble; Bear Stearns; Bank of America; bank; bailout; AIG; Economic outlook; panic;
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