Tag Archives: Subprime Mortgages

Credit squeeze on home loan mortgage lending is not over yet

The global home loan credit squeeze is a “serious crisis” that is not over yet and will have an impact on government budgets, the IMF’s outgoing head Rodrigo Rato said in an interview published overnight. Speaking to the Financial Times from Washington, IMF Managing Director Rato said: “Policymakers should not think that the problems will [...]

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