The volatility of the business cycle and an extreme shortage of housing were the twin problems of American economic life in the years following the First World War. Under the…
Pay for Success (PFS) initiatives have received widespread attention in the United States in the past several years. The outcomes-based projects hold great promise,…
Edward Golding, Richard Green, Douglas McManus
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February 1, 2008
UCC08-6: This paper has two parts. First, we look at the various agents involved in the mortgage transaction—including borrowers, brokers, originators, rating agencies…