BY JOHN DAVIS: As the housing market has begun its slow recovery, major banks have been steadily withdrawing support and withholding capital from shared equity homeownership. It’s as if the entire sector had to be taught a lesson in humility after out-performing the bankers’ favored form of tenure.
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May 6 2013
A New Kind of Redlining: Punishing Success
BY JOHN DAVIS: As the housing market has begun its slow recovery, major banks have been steadily withdrawing support and withholding capital from shared equity homeownership. It’s as if the entire sector had to be taught a lesson in humility after out-performing the bankers’ favored form of tenure.
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