Government Mortgage Interest Rates: A Serious Discussion about the Intertwined Topics of Risk Adjustment and Cross-subsidies
The Stoop (NYU Furman Center)
MAY 31, 2023
It is important to clearly state that the analysis in this article is based on the economic reality that if a loan does not have an interest rate that is appropriately risk-adjusted for its creditworthiness, then by definition there will be cross-subsidies in operation, even if that is not overtly stated.
52 
Let's personalize your content