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The Subprime Mortgage Market Collapse: A Primer on the Causes and Possible Solutions

The collapse of the subprime mortgage market has created depression-like conditions in the housing market and driven the economy to the brink of recession, but many of those who call formore federal regulation fail to recognize that earlier and morecomprehensive regulatory efforts did little to deter housing marketproblems and in some cases may have made them worse.
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