The Christian Science Monitor
January 8, 2015
By Mark Trumbull
Calomiris and Haber’s research is mentioned in this article.
Similarly, finance experts Charles Calomiris and Stephen Haber argue that easy-credit policies are unstable for both the households who are enticed to borrow and for the financial system as a whole. They note that the Obama administration also has recently lowered underwriting standards for other government-chartered home loan programs (those backed by Fannie Mae and Freddie Mac).
Read the entire article at The Christian Science Monitor.