The Lender of First Resort

The government is becoming the lender of first resort for American citizens who want life’s necessities, like education or housing. Having essentially nationalized the market for college loans early in President Obama’s first term, the administration has finally come to the conclusion that the government will need to play the lead role in providing mortgages […] View the full post at: The Lender of First Resort Related posts: FHA Lending is Soaring FHA’s Growing Problems The Amazing Growing Mortgage Relief Plan