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<title>AP misses the point RE the Houstonians building in floodplains</title>
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<description><![CDATA[Gee maybe if Loan originators couldn't pawn off all risk to GSEs they might give a shit about the risk to the capital and not have loaned to build these places in the first place?  It certainly doesn't help that the FED has encouraged this malinvestment with unprecedentedly cheap money.]]></description>
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<title>AP misses the point RE the Houstonians building in floodplains</title>
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<description><![CDATA[Gee maybe if Loan originators couldn't pawn off all risk to GSEs they might give a shit about the risk to the capital and not have loaned to build these places in the first place?  It certainly doesn't help that the FED has encouraged this malinvestment with unprecedentedly cheap money.]]></description>
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