...will reduce mortgagors willingness to make future loans
...since there would be no guarantee that terms of future loans would conform to original contract.
Immediately related elementsHow this works
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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 »Ease repayment terms on existing mortgage holders
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...will reduce mortgagors willingness to make future loans
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