0 minute readThomas J. Fitzpatrick IV and James B. Thomson at the Cleveland Fed provide new research that supports residential mortgage cram downs… …residential mortgage cram downs are not new. The law was changed in 1978 and cram downs eliminated in 1993. In 2007 my former co-blogger and mortgage banker Tanta explained the history of mortgage cram downs and argued they would be helpful now.
Paul Jackson is the former publisher and CEO at HousingWire.see full bio
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Paul Jackson is the former publisher and CEO at HousingWire.see full bio