Tag: New York Times

New York Times Op-Ed: Professor Mechele Dickerson Debates Home Refinancing

Room for Debate: Stricter Rules for Refinancing Your House? Tougher Standards Would Ensure Stability By Mechele Dickerson Of the subprime mortgages that led to the 2008 financial crisis, only about a third were actually used to buy homes. Most of the borrowing was used to refinance existing mortgages and in many cases borrowers extracted the […]

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