Future of Low- and Moderate-Income Mortgage Lending May Be Found in Successes of the Past
July 10, 2008
Restoring a healthy financial market is an important part of the future of mortgage lending for low- and moderate-income households, but experts say part of the solution lies in rediscovering traditional programs and approaches. At a LMI forum hosted by the Federal Deposit Insurance Corp. this week, Federal Reserve Chairman Ben Bernanke said “the financial turmoil since August...