| 1 | We used to think we had the best mortgage market in the world. | |
| 2 | 'There is some level of uncertainty [among colleagues] about mortgage payments and bills,' the 28-year-old says. | |
| 3 | Moreover, private banks will almost certainly accept some loans with lower down payments -- even without a government backing. | |
| 4 | My administration early on expressed concern about implicit government guarantees in the mortgage industry, in Fannie and Freddie. | |
| 5 | The Treasury Department has spent nearly half of those funds to prop up banks, mortgage and investment firms, and insurance companies. |
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