U.S. policy is blamed for blocking private mortgage investment

05/26/2011 | Atlantic online, The

The private sector is ready to return to housing finance, but the U.S. government is keeping investors out, according to testimony at a hearing of the Senate banking committee. Margin S. Hughes, CEO and president of Redwood Trust, said major investors worldwide are eager to return to the U.S. mortgage market if the government would remove some of the obstacles it has put in their way.

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