Ease repayment terms on existing mortgage holders
Ease the repayment terms on existing mortgage holders, to reduce the flood of defaults and foreclosures that will otherwise occur.
CONTEXT(Help)
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The Global Financial Crisis »The Global Financial Crisis
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How should the US and other governments respond? »How should the US and other governments respond?
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Measures to alleviate the immediate symptoms? »Measures to alleviate the immediate symptoms?
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Ease repayment terms on existing mortgage holders
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...will reduce mortgagors willingness to make future loans »...will reduce mortgagors willingness to make future loans
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