WaPo: "three ideas to soften the fall"

Interesting reading by Mark Zandi.

Given the current political and fiscal realities, there is no silver policy bullet that will avoid all this, but policymakers can take several smaller steps that will make a meaningful difference.

His ideas:

  • Allow for higher conforming loan limits for another year.
  • Extend new rules for mortgage refinancing to all Fannie and Freddie borrowers
  • Allow investors in foreclosure and short sales next year to expense their investments for tax purposes up front.

Click here to read the whole piece.

About Andrew Kantor

Andrew is VAR's editor and information manager, and -- lessee now -- a former reporter for the Roanoke Times, former technology columnist for USA Today, and a former magazine editor for a bunch of places. He hails from New York with stops in Connecticut, New Jersey, Cincinnati, Columbus, and Roanoke.
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