Sunday, December 7, 2008

Who is copying who here as Moscow’s government mimics Brown/Darling virtually word for word

Mortgage Agency Gets $7.3Bln

Moscow is to provide 200 billion rubles in support of the Russian mortgage market and plans to place its own mortgage-backed securities by swapping them for a pool of mortgages from commercial banks. They also working on criteria by which people who have lost jobs or received a substantial cut in their salaries can get a mortgage extension of up to several years.

Posted by enuii @ 10:39 PM (485 views)
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