Tim Geithner, US Treasury Secretary, has revealed the Government will continue to guarantee mortgages to minimize the risk of housing-led recessions in future.
The comments were made at a White House summit on the future of government-run mortgage providers Fannie Mae and Freddie Mac, the Telegraph reports. Geithner said removing Federal support from the mortgage...
To continue reading this article...
Join Professional Adviser
- Unlimited access to real-time news, industry insights and market intelligence.
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters.
- Make smart business decisions with the latest developments in regulation, investing retirement and protection.
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes.
