Hancock, Diana; Passmore, Wayne - In: Advances in Economic Analysis & Policy 9 (2009) 3, pp. 2226-2226
In recent years, the government has greatly extended its reach into the mortgage markets with the goals of (1) mitigating the deadweight losses associated with mortgage foreclosures, (2) promoting affordable homeownership, and (3) providing low cost mortgage financing. In this paper, we identify...