> the government would need to actively remove high risk properties.
Those that couldn't pay the insurance (like 100% of your property value, by risk), just like any other repossession would require the local govt to help take control of the property. The Fed's work would be in verifying valuations and setting profit margins. eg Regulation. Sounds good to me.
Those that couldn't pay the insurance (like 100% of your property value, by risk), just like any other repossession would require the local govt to help take control of the property. The Fed's work would be in verifying valuations and setting profit margins. eg Regulation. Sounds good to me.