Political Quotes

Ben Bernanke: “An increasing share of losses have arisen from prime mortgages that were originally fully documented with significant…”

On the recordFebruary 27, 2013
An increasing share of losses have arisen from prime mortgages that were originally fully documented with significant downpayments, but have defaulted due to the weak economy and housing markets.
Said by
Ben Bernanke
Republican · South Carolina

Editor's note · Context

Bernanke discusses the impact of the economy on mortgage defaults.

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