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U.S. must rethink housing ambitions, BofA’s Moynihan says

Posted on 17 December 2012

Brian T. Moynihan, Bank of America Corp.’s chief executive officer, said the U.S. government, lenders and borrowers need to reset their expectation that everyone can own a home.
“We need to look hard at some of the old assumptions and ask the question is homeownership the right solution for everyone?” Moynihan said……………………………………..Full Article: Source


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