Faculty News
Professor Stijn Van Nieuwerburgh looks at the role of government in the mortgage market
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Excerpt from Institutional Investor -- "As the market continues to grow, nonbank originators have the potential to collectively create systemic risk. 'The biggest problem is that they are not banks, and they aren’t as heavily regulated, and our usual defenses of bank regulations and supervision and consumer protection aren’t as strong for those types of institutions,' says Van Nieuwerburgh."
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