Experience Stern | News & Events

Excerpt from Mashable -- "Banks have experimented with the idea of equity versus debt in home financing for at least 25 years, according to Lawrence White, a professor at New York University's Stern School of Business who has studied mortgage markets. 'It wouldn't surprise me if anyone lending against somebody's castle or somebody's estate in 16th century England would have said, "Why don't I take a piece of equity and why am I lending?"' White said."

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