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Consumer Finance Policy: Implementing Two-Tier Mortgage Regulation

Authors:
Publication Date:
Jan 2010
Published In:
Project Programs:
Behavioral Economics

With the new Consumer Finance Protection Bureau beginning to gear up, it is an appropriate time to consider what kinds of policies the Bureau should adopt. One obvious place to begin is mortgages. Failures of the U.S. mortgage market have caused problems throughout the global economy. How can we do better? Can recent progress in the field of behavioral economics help?

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