Urban Institute: More non-performing loans should be sold to private investors: While some prominent figures in the federal government, including Sen. Elizabeth Warren, D-Mass., and Rep. Mike Capuano, D-Mass, have loudly criticized the government’s practice of selling non-performing loans to private investors, a new report from the Urban Institute suggests that selling NPLs to the private sector is actually a good thing. http://www.housingwire.com/articles/35972-urban-institute-more-non-performing-loans-should-be-sold-to-private-investors ❤️ #share #mortgage
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