Count me as one of those conservatives who has a big problem with this idea. Most of the mortgages that are causing problems now were given to people who should not have been given them in the first place. They had lousy credit and little or no down payment and were really glorified renters. Yes, there were predatory lenders who talked people into buying homes they couldn’t afford, but ultimately the borrowers were as much to blame as anyone. This is populism run amok and will not help.
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