Faculty News | New York Times | 24 Mar 2013
Mortgages’ Future Looks Too Much Like the Past
Re: Nicolas Retsinas
Still, the Fannie and Freddie DNA in the commission raises questions about whether it seriously considered any outcome that excluded a government backstop. I asked Nicolas P. Retsinas, a member of the commission who is a senior lecturer at the Harvard Business School, about the risk to taxpayers. A fair concern, Mr. Retsinas said, adding: “The commission believes in the continued importance of homeownership and there had to be some role for the government to preserve that option for middle-income families.”

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