Wharton’s Jack Guttentag questions whether the basic structure proposed as a replacement for Fannie/Freddie would meet the objective of creating effective secondary mortgage markets.

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Private Equity Expects Better Times in 2014

An EY/EIU survey shows that stronger global economic growth and expectations for more M&A deals in 2014 will likely spur more private equity activity.
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Rising immigration, a vibrant art scene, a friendly business climate, and the low cost of living – along with a significant increase in the cost of housing for both renters[…]