Why can million-dollar homes can get U.S. loan subsidies?
Why can million-dollar homes can get U.S. loan subsidies?
The “Looking Glass” ponders economic and real estate trends through two distinct lenses: the optimist’s “glass half-full” and the pessimist’s “glass half-empty.”
Buzz: Rampant housing inflation means the federal government will now back almost million-dollar mortgages — including deals in Los Angeles and Orange counties.
Backdrop: The Federal Housing Finance Agency says the maximum size of…
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