Cheap mortgages could fuel credit bubble: Ex-Bear Stearns CEO

Moves to boost the U.S. housing market could fuel the next credit bubble, warned Alan Schwartz, the former head of Bear Stearns, which collapsed during the 2008 subprime mortgage crisis. Earlier this month, the U.S. Federal Housing Finance Agency announced plans to return to allowing Americans to…

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Cheap mortgages could fuel credit bubble: Ex-Bear Stearns CEO