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Mortgage Servicing

United States. Congress. House. Committee on Financial Services. Subcommittee on Financial Institutions and Consumer Credit

Published: 2012

Total Pages: 224


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Explains how we got into the current economic disaster that developed out of the economics and politics of the housing boom and bust. The "creative" financing of home mortgages and "creative" marketing of financial securities based on these mortgages to countries around the world, are part of the story of how a financial house of cards was built up--and then collapsed.