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612-822-4611
Secondary Mortgages for Everyone!: The Government Want target into the Home Equity Loan Business

Secondary Mortgages for Everyone!: The Government Want target into the Home Equity Loan Business

Paperback

Series: Great Investing, Book 240

Investing & Finance

ISBN13: 9798326104212
Publisher: Independently Published
Published: May 19 2024
Pages: 68
Weight: 0.31
Height: 0.18 Width: 6.00 Depth: 9.00
Language: English

The average consumer is strapped for cash. However, the US economy thrives on consumer spending. What is a government to do?

The US government wants homeowners to access more capital (debt) by encouraging them to take secondary mortgages, also known as home equity loans.

For their part, the government promises to pay investors back if borrowers default on their secondary mortgages.

Also from

King, Joshua

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Investing & Finance