Another mortgage crisis might be just around the corner

The U.S. could be headed for a new mortgage crisis by this summer, believes one analyst. Richard X. Bove, Vice President of Equity Research at Rafferty Capital Markets, said in a report dated March 1 that it’s looking increasingly likely that we will see one. He highlighted how much control the government now has over the nation’s mortgage markets and explained how this could be a recipe for disaster.

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