Wind-Down Of Fannie Mae, Freddie Mac Hurts Borrowers: BoveVW Staff
In his most recent April 23 report, well-known banking expert and Rafferty Capital Markets LLC VP of equity research Richard X. Bove made the point that U.S. housing sales were on the decline primarily due to government-engineered actions that are driving up home-ownership costs for the American consumer.
A combination of factors such as rising loan processing costs due to regulatory changes, as well as banks . . .
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