?ฐ๋ฆฌ??์ฃผํƒ ๋ชจ๊ธฐ์ง€ ?œ์žฅ??๊ต?œ ?”ํ–ˆ?? ?ด์ œ ๋ญ??ด์•ผ์ง€? (1)

Posted onย 12/24/2012

?„๋กœ?ผ๋ธ”๋ฆฌ์นด?์„œ ๋ฏธ๊ตญ??์ฃผํƒ ๋ชจ๊ธฐ์ง€ ?œ์žฅ, ?˜์•„๊ฐ€ ???ธ๊ณ„??๊ฒฝ์ œ??๊ณ„๋ฅต?ผ๋กœ ?๋ฆฌ?ก๊ณ  ?ˆ๋Š” ๋ชจ๊ธฐ์ง€ ?์ด?ธํŠธ???€???Œ์ฐฌ ?ด์šฉ??๋ถ„์„ ๊ธฐ์‚ฌ๋ฅ??ด๋†“?˜๋‹ค. ๋งŽ์? ๋ถ„๋Ÿ‰?ด๋?๋ก??ฐ์„  ๊ธ‰ํ•˜๊ฒ?๋ฒˆ์—ญ??๋ถ€๋ถ„์„ ๊ณต์œ ?˜๊ณ  ?˜๋จธ์ง€ ๋ถ€๋ถ„์? ์ฐจํ›„??๊ณต์œ ?˜๋„๋ก??˜๊ฒ ??

?๋ฌธ๋ณด๊ธฐ

2008??๊ธˆ์œต?„๊ธฐ???•์ ?์„œ, ???˜๋ผ??๋ชฐ๋ฝ?˜๋Š” ๊ธˆ์œต ?œ์Šค?œ์„ ๊ต?œ ?”ํ•˜??๋งˆ๋Š?๋? ๊ฐ€์ง€๊ณ??จ๊ฒ๊ฒ??ผ์Ÿ?ˆ๋‹ค. ์กฐ์? W. ๋ถ€???‰์ •๋ถ€??๋ฒ„๋ฝ ?ค๋ฐ”๋ง??‰์ •๋ถ€ ๋ชจ๋‘ ?œ์žฅ???€???•๋???๊ณผ๋„??์นจํ•ด?ผ๊ณ  ๊ฐ„์ฃผ?˜๋ฉฐ ??๊ฒฝ๋กœ๋ฅ?๊ฑฐ๋??ˆ๋‹ค.

๊ทธ๋Ÿฌ??๊ท??ดํ›„, ๋นˆ์•ฝ??๊ณ„ํš๊ณ?๋นˆ์•ฝ??๊ณต๋ก  ?ดํ›„, ?•๋???๋ฏธ๊ตญ??์ฃผํƒ ๋ชจ๊ธฐ์ง€ ?œ์žฅ??๊ฑฐ์˜ ?„์ „???ธ์ˆ˜?ด๋ฒ„?ธ๋‹ค. ?€?‰๋“ค๊ณ??ค๋ฅธ ?ด์ต์ถ”๊ตฌ ๊ธˆ์œต?œ๋น„??๊ธฐ์—…?ค์? ์ฃผํƒ๋ณด์œ ?๋“ค?๊ฒŒ ?ˆ์„ ๋นŒ๋ ค์ฃผ์?๋ง? ?•๋?๊ฐ€ ?œ๊ณต?˜๋Š” ๋ณด์ฆ?ด๋‚˜ ?ค๋ฅธ ์ง€?์ด ?†๋‹ค๋ฉ???์ฃผํƒ ?œ์žฅ?€ ?ด์ œ ๊ฑฐ์˜ ๊ธฐ๋Šฅ?˜์? ?Š๋Š”??


๋ฏธ๊ตญ ?•๋?๊ฐ€ ๋ณด์ฆ?˜๋Š” ? ๊ทœ ๋ชจ๊ธฐ์ง€ ๋น„์ค‘

?•๋?๊ฐ€ ๋ชจ๊ธฐ์ง€ ?œ์žฅ???ธ์ˆ˜?ˆ๋‹ค

?ฉ์„ธ?์˜ ?ต์ œ๋ฅ?๋ฐ›๊ณ  ?ˆ๋Š” ์ฃผํƒ ๊ฑฐ์ธ?ค์ธ ?จ๋‹ˆ๋ฉ”์? ?„๋ ˆ?”๋งฅ?€ ๊ธˆ๋…„??์ฒ??„ํ™‰ ???™์•ˆ ? ๊ทœ ๋ชจ๊ธฐ์ง€??69?ผ์„ผ?ธ์˜ ๋ณด์ฆ???ฐ๋Š”?? ?ธ์‚ฌ?ด๋“œ๋ชจ๊ธฐ์ง€?Œ์ด?ธ์Šค???ฐ๋ฅด๋ฉ?2006?„์˜ 27?ผ์„ผ?ธ์˜ ๋น„์ค‘?์„œ ์ฆ๊???๊ฒƒ์ด?? ?œํŽธ, ?ฐ๋ฐฉ์ฃผํƒ์ฒ?ณผ ๋ฏธ๊ตญ?ด์—ญ๊ตฐ์ธ๊ต?? ๋ชจ๊ธฐ์ง€???˜๋จธ์ง€ ์ค? 2006?„์˜ ?จ์? 2.8?ผ์„ผ?ธ์—???„์žฌ??21?ผ์„ผ?ธ๋? ๋ณด์ฆ?œ๋‹ค. ๋ชจ๋‘ ?ฉ์ณ, ๋งค์ฒด???ฐ๋ฅด๋ฉ?10???™์•ˆ ?•๋???์ง€๋ถ„์ด ์ตœ์?์น˜์???2006?„์— 10๊ฐœ์˜ ? ๊ทœ ๋ชจ๊ธฐ์ง€ ์ค?3๊ฐœ๊? ๋ฏธ๊ตญ???ฉ์„ธ?๋“ค??๋ณด์ฆ???œ๋˜ ๊ฒƒ์— ์ฆ๊??˜์—ฌ, 10๊ฐœ์˜ ? ๊ทœ ๋ชจ๊ธฐ์ง€ ์ค?9๊ฐœ๊? ๋ฏธ๊ตญ???ฉ์„ธ?๋“ค???˜ํ•ด ๋ณด์ฆ???œ๊ณ  ?ˆ๋Š” ๊ฒƒ์ด??

?œ์ด๊ฑ??Œ๋ฆ„?ผ์น˜??๊ต?œ ?”์ž…?ˆ๋‹ค.???ค๋ฐ”๋ง??‰์ •๋ถ€???ฌ๋ฌด๋ถ€?์„œ ๊ตฌ์กฐ์กฐ์ •?„์›(Chief Restructuring Officer)?ผ๋กœ ?ผํ–ˆ???ฌ์ž?€?‰๊? ์ง?๋ฐ€?คํ…Œ?ธ์˜ ๋ง์ด??

๋ฌธ์ œ???จ์ˆœ???œ์žฅ??๊ต?œ ?”๋˜?ˆ๋‹ค??๊ฒƒ์— ?ˆ์? ?Š๋‹ค. ?”๋Š” ? ๋ฆผ?ผ๋กœ ๊ต?œ ?”๋˜?ด์„œ ?ด์ œ ?ดํ•ด๊ด€๊ณ„์˜ ?์ถฉ๊ณ?๊ฒฝ์Ÿ๊ด€๊ณ„์˜ ๋ชฉํ‘œ๋ก??ธํ•ด ๋ถ„์—ด?˜๊ณ  ?ˆ๋‹ค???์ด??

?œ๋„?จ์ง???ด๋ฒ•?ค์? ???Œ๋ ค???ˆ๊ณ  ๋ช????๋‹ค. ๊ทธ๋Ÿฌ??์ฒ˜์Œ ?„๊ธฐ ?™์•ˆ, ?ค๋ฐ”๋งˆ์˜ ๋ฐฑ์•…๊ด€?€ ๊ทธ๋Ÿฌ??๋ณ€?”๋? ๋ฐ€?ด๋ถ™?ด์? ?Š๋Š” ???น์ž???œํ˜„???ฐ๋ฅด๋ฉ??•์น˜?์œผ๋ก??ฝ์‚ญ๋น ๋ฅด์ง€๋ง?๊ณ„์‚ฐ?์ธ ๊ธฐ๋?๊ฐ€ ๋ณด์ด?????„์ˆ ?์ธ ๊ฒฐ์ •???ด๋ ธ?? ?ด์ œ ? ๊ฑฐ๊ฐ€ ?๋‚ฌ?ผ๋‹ˆ, ์ดˆ๋‹น?์ธ ์ค‘๋„์ฃผ์˜?๋“ค??์ค‘์??? ์ตœ์†Œ?œ์˜ ?€??ด ?ˆ์ƒ?˜์?๋ง?๊ฐ€???„ํ—˜???˜๋„ ?ˆ๋Š” ๊ธธ๋กœ ๊ณ ๊ฐœ ?™์—ฌ ?‘์–ด?ค๋ ค ?˜๊ณ  ?ˆ๋‹ค. : ์ฃผํƒ ?œ์žฅ????ŒŒ?˜๊ธฐ ?ด์ „???ํƒœ๋กœ์˜ ?Œ๊?.

2008???œ์ž‘?˜์–ดย ?ฉ์„ธ?์˜ ??1,875???ฌ๋Ÿฌ๋ฅ??Ÿ์•„ ๋ถ€?€ ?„์—??/a>, ?จ๋‹ˆ๋ฉ”์? ?„๋ ˆ?”๋งฅ?€ ?•๋????œ๊?์น?conservatorship)?ํ•˜???ˆ๋Š” ?„์žฌ?€ ๊ฐ™์? ๋ฆผ๋ณด ?ํƒœ๋ฅ?? ์??˜๊ณ  ?ˆ๋‹ค. ๊ทธ๋“ค?€ ?„๋ฉด?์œผ๋ก??ฌ์œ ?”๋œ ๊ฒƒ์ด ?„๋‹Œ, ?ด์œค์ถ”๊ตฌ??๊ธฐ์—…?ค์ด์ง€๋ง? ????๋ช…ํ™•???•๋??•์ฑ…???ฐํ•˜???ˆ๋Š” ๊ฒƒ๋„ ?„๋‹ˆ?? ๊ทธ๋“ค?€ ?ด์œค์ถ”๊ตฌ??๋น„์ฆˆ?ˆ์Šค?ด์ž ๊ณต๊ณต๊ธฐ๊??ผ๋กœ ๊ธฐ๋Šฅ?˜๊ณ  ?ˆ๋‹ค.

?„๋ ˆ?”๋งฅ๊ณ??จ๋‹ˆ๋ฉ”์˜ ์ฃผ๋œ ?ฌ์—…?€ ๋ชจ๊ธฐ์ง€๋ฅ?๋ณด์ฆ?˜๋Š” ๊ฒƒ์ด๊ณ? 5์ก??ฌ๋Ÿฌ ?น์? ๋ฏธ๊ตญ??๋ชจ๊ธฐ์ง€ ?œ์žฅ???ˆ๋ฐ˜??์ง€?ํ•˜๊ณ??ˆ๋‹ค. ๊ทธ๋“ค?€ ๋ชจ๊ธฐ์ง€ ?€์ถœ์„ ๊ตฌ์ž…?˜์—ฌ ?ด๊ฒƒ?ค์„ ๋ฌถ์–ด??๋ชจ๊ธฐ์ง€๋ณด์ฆ๋ถ€์ฑ„๊ถŒ(mortgage-backed securities)??๋งŒ๋“ค๊ณ??˜์ˆ˜๋ฃŒ๋? ๋ฐ›๋Š”?? ๋งŒ์•ฝ ์ฐจ์ž…?๊? ๋ชจ๊ธฐ์ง€๋ฅ?๊ฐš์? ?Š์œผ๋ฉ? ?จ๋‹ˆ๋ฉ”์? ?„๋ ˆ?”๋งฅ?€ ๋ชจ๊ธฐ์ง€๋ณด์ฆ๋ถ€์ฑ„๊ถŒ???ฌ์ž?๋“ค?๊ฒŒ๋กœ์˜ ์ง€๋ถ??๋ฆ„??๊ณ„์†?????ˆ๋„๋ก?๊ฐœ์ž…?œ๋‹ค. ???Œ์‚ฌ???ํ•œ ๋ชจ๊ธฐ์ง€๋ณด์ฆ๋ถ€์ฑ„๊ถŒ???ฌ์ž?œ๋‹ค.

๊ทธ๋Ÿฌ???„๋ ˆ?”๋งฅ๊ณ??จ๋‹ˆ๋ฉ”๋Š” ?ํ•œ ?•๋?๋กœ๋????˜๋?๊ต?ธ?๊ฒŒ ?ด๋ ค ?ˆ๋Š” ์ฃผํƒ?Œ์œ (home ownership available for Americans)?™์? ๊ฐ™์? ๊ณต๊ณต๋ชฉํ‘œ๋ฅ??˜ํ–‰?˜๋Š” ?„๋ฌด๋ฅ?๋ถ€?ฌ๋ฐ›?˜๋‹ค.

?ด์œค??์ฐฝ์ถœ?ด์•ผ ?˜๋Š” ๋ชฉํ‘œ?€ ๊ณต๊ณต๋ชฉํ‘œ???ฌ๊ฐ???ดํ•ด๊ด€๊ณ??์ถฉ???ผ๊ธฐ?œ๋‹ค. ๊ด€์น??˜์—????๊ฐˆ๋“ฑ๊ณ?๋ฌธ์ œ??์ฆํญ?˜์—ˆ??

์ตœ๊ทผ ๋ช??„๊ฐ„, ?„๋ ˆ?”๋งฅ?€ ?Œ์‚ฌ???ด์œค??๊ฐ์†Œ?˜๊ณ  ?ฉ์„ธ?๋“ค?๊ฒŒ๋กœ์˜ ?ํ™˜?ฅ๋ ฅ???€?˜๋ ๊นŒ๋ด ์ฃผํƒ?Œ์œ ?๋“ค?ดย?a href=”http://www.propublica.org/article/why-freddie-mac-resisted-refis” target=”_blank”>๊ทธ๋“ค??๊ณ ๋น„?จ์˜ ๋ชจ๊ธฐ์ง€๋ฅ??ฌ์กฐ?ฌํ•˜??๊ฒƒ์ด ???ด๋ ค?Œ์?๊ฒ?๋งŒ๋“ค?ˆ๋‹ค.

๊ด€์น??˜์—?? ?˜ํšŒ????๊ธฐ์—…?ค์˜ ?–์„ ์งœ๋ ค??? ํ˜น???๊ผˆ?? ์ฆ์„ธ๋ฅ??์˜ค?˜๊ณ  ๊ฐ์„ธ๋ฅ??•๋ง?˜๋Š” ?˜ํšŒ???จ๋‹ˆ๋ฉ”์? ?„๋ ˆ?”๋งฅ?๊ฒŒ ?„๊ธˆ??์งœ๋‚ด๋ฉด์„œ ๊ฐœ์ธ?์ธ ?ˆ๋ผ ๊ณ ์–‘?ด๋กœ ?จ๋จน?ˆ๋‹ค. 2011?„์— ?˜ํšŒ???จ์? ๊ธ‰์—ฌ??๊ฐ์„ธ?????ฌ๋ถ„???ด๋‹น?˜๋Š” ๊ธˆ์•ก??์กฐ๋‹ฌ?˜๊ธฐ ?„ํ•ด?œย?a href=”http://online.wsj.com/article/SB10001424052970204319004577088351573064644.html” target=”_blank”>?จ๋‹ˆ๋ฉ”์? ?„๋ ˆ?”๋งฅ??๋ณด์ฆ๋ฃ?10?„๋ถ„???คํฐ์ง€ ๋นจ์•„?ค์ด??๋นจ์•„?ค์???/a>. ์ตœ๊ทผ?๋Š” ?์›?์„œ ๊ทธ๋“ค??๋ณด์ฆ๋ฃŒ์— ?˜ํ•ด ์กฐ๋‹ฌ?˜๋Š” ?ด๋?๋ฒ•์„ ?ต๊ณผ?œ์ผฐ??

?œ์ •๋ถ€๋ณด์ฆ๊ธฐ์—…(GSEs)?ค์„ ???„๋ ˆ?”๋งฅ๊ณ??จ๋‹ˆ๋ฉ”์˜ ?Œ์‹ฑ?ค์‹ ?ธ์นญ ???€๊ธˆํ†ต?ผ๋กœ ?ด์šฉ?˜์? ?Š์? ?ํƒœ?์„œ ?ด๋ ค??๊ฒฐ์ •???ด๋ฆฌ์ง€ ๋ชปํ•œ?ค๋ฉด, ?ด๋Š” ?˜๋ผ๊ฐ€ ?ฝํ•˜?ค๋Š” ? ํ˜ธ?…๋‹ˆ????๋ชจ๊ธฐ์ง€?€?‰์—ฐ?ฉ์˜ ?Œ์žฅ?ด์ž ?ค๋ฐ”๋ง??‰์ •๋ถ€???„์ž„ ๊ด€๋ฃŒ์????ฐ์ด๋ธ??คํ‹ฐ๋ธ์Šค??๋ง์ด??

???Œ์‚ฌ?ค์? ?ฐ๋ฐฉ์ฃผํƒ๊ธˆ์œต์ฒ?FHFA)??๊ทœ์ œ๋ฅ?๋ฐ›๊ณ  ?ˆ๋Š”?? ๊ทธ๋“ค??๋ชจ๋“  ์ฃผ์š”??๊ฒฝ์˜??๊ฒฐ์ •??๋ถ„๋ช…???˜๋Š” ๊ณณ์ด?? ?ด๋Š” ?ผ๋??ํƒœ๋ฅ?๊ฐ€์ค‘์‹œ?ค๊ณ  ?ˆ๋‹ค. FHFA???คํ–‰?„์› ?๋“œ?Œ๋“œ ?œ๋งˆ๋ฅด์ฝ”???ผ๋???๋งŽ์? ๊ฐ€?ด๋ฐ, ๊ทธ๋“ค??์ฃผ์š” ๋ชฉ์ ???จ๋‹ˆ๋ฉ”์? ?„๋ ˆ?”๋งฅ???์‚ฐ??๋ณด์ „?˜๋Š” ๊ฒƒ์œผ๋ก??˜์—ฌ ๊ฐœ์ž…?˜์?๊ณ? ๊ทธ๋“ค???น์‚ฌ?ดํŠธ???ฐ์—ฌ???ˆ๋Š” ??a href=”http://economicview.net/category/%ea%b2%bd%ec%a0%9c/%eb%b6%80%eb%8f%99%ec%82%b0/www.fhfa.gov/Default.aspx?Page=38″ target=”_blank”>์ฃผํƒ๊ธˆ์œต๊ณ??Œ๋งž?€ ์ฃผํƒ??์ง€?ํ•˜๊ณ? ?ˆ์ •?์ด๊ณ?? ๋™?ฑ์žˆ??๋ชจ๊ธฐ์ง€ ?œ์žฅ??์ง€?ํ•˜??/a>??๋ฏธ์…˜?€ ๊ฒฝ์‹œ?˜์??? ๊ธˆ๋…„ ์ด? FHFA???œํƒ?€ ?๊ณ  ๋ฆฌ์Šค?ฌ๋Š” ?Œ๋ ค์ง€์ง€ ?Š์•˜?ค๊ณ  ์ฃผ์žฅ?˜๋ฉด?œย?a href=”http://www.bloomberg.com/news/2012-07-31/fhfa-rejects-u-s-treasury-request-for-mortgage-debt-writedowns.html” target=”_blank”>๋ถ€?คํ•œ ๋ชจ๊ธฐ์ง€???๊ธˆ???•๊ฐ?˜๋Š” ๊ฒƒ์— ๋งž์„œ๊ธฐ๋กœ ๊ฒฐ์ •?˜์??? ?ฌ๋ฌด๋ถ€ ?ฅ๊? ?ฐ๋ชจ??๊ฐ€?ดํŠธ?ˆ๋Š” ??๊ฒฐ์ •???๋‚œ?ˆ๋‹ค.

?„๋ ˆ?”๋งฅ๊ณ??จ๋‹ˆ๋ฉ”๊? ?ฐ์˜ฅ?????ค๋ž˜ ๋จธ๋ฌผ???ˆ์„?˜๋ก, ๊ทธ๋“ค?€ ๋น„์ฆˆ?ˆ์Šค???ต์‹ฌ?์ธ ?˜์‚ฌ๊ฒฐ์ •???ด๋ฆด ???†๋Š” ๊ฒƒ์— ?ผ๋??ค๋Ÿฌ???˜๋Š” ?„์›?ค์˜ ?ฌ์ž„ ?ฑ์— ๊ณ ํ†ต??๋ฐ›์„ ๊ฒƒ์ด?? ?ผ๋ ค?˜๋Š” ?์? ๋ฆฌ์Šค?ฌ๋งค?ˆ์?๋จผํŠธ?€ ๊ฐ™์? ๊ทธ๋“ค ๋น„์ฆˆ?ˆ์Šค??์ค‘์š”???์—ญ???ฌ๋ผ์ง€๋ฉด์„œ ?ฉ์„ธ?๋“ค??๊ฐ‘์ž‘?ค๋Ÿฌ???€๊ทœ๋ชจ ?์‹ค??๊ฐ€?ฅ์„ฑ??์ฆ๊??˜๊ณ  ?ˆ๋‹ค???์ด??

๋ฏผ์ฃผ?น์›, ๊ณตํ™”?น์›, ์ฃผํƒ?•์ฑ… ์ง€์ง€?๋“ค, ๊ทธ๋ฆฌ๊ณ?๊ฒฝ์ œ?™์ž??๊ท??„๊ตฌ?????ํƒœ??? ์?๋ฅ??ํ•˜์ง€ ?Š๋Š”?? ๊ทธ๋Ÿฌ????๋ชจ๊ธฐ์ง€ ๊ฑฐ์ธ?ค์„ ?ด์†Œ?˜๊ธฐ ?„ํ•œ ?œ์•ˆ???ด๊ธด ?˜์‹ญ ๊ฐœ์˜ ๋ฒ•์•ˆ, ?ฝํฌ?ฑํฌ??๊ณ„ํš?? ?ค๋ฐ”๋ง??‰์ •๋ถ€??๋ฐฑ์„œ๊ฐ€ ?ˆ์?๋ง? ๋ณ€?”๋Š” ๊ฑฐ์˜ ?†๋‹ค.

??๋ฒˆ์งธ ?„๊ธฐ ?™์•ˆ, ?ค๋ฐ”๋ง??‰์ •๋ถ€??๋ฏธ๊ตญ?ธ์ด ์ง‘์„ ?ฌ๋Š” ๋ฐฉ์‹???•๋น„?˜๊ฒ ?ค๊ณ  ?œ์•ฝ?ˆ๋‹ค. ??๊ทธ๋ฆฌ๊ณ?์ฃผ์š”??๋ฌธ์ œ???จ๋‹ˆ๋ฉ”์? ?„๋ ˆ?”๋งฅ???ด๋–ป๊ฒ???๊ฒƒ์ด?๋Š” ?์ด?? ๊ทธ๋“ค???œ์„œ??๋ฉˆ์ถ”๊ฒ??˜๋Š” ๊ฒ? ๋ฏผ๊ฐ„๊ธฐ์—…???ํƒœ๋ก??˜๋Œ๋ฆฌ๋Š” ๊ฒ? ?•๋???๋ชจ๊ธฐ์ง€ ?œ์žฅ?์„œ ?ด๋–ค ??• ?? ๊ทธ๋ฆฌ๊ณ??ผ๋งˆ???ฌ๊ฒŒ ?ด์•ผ ?˜๋‚˜?

?ฐ๋ฆฌ??์ฃผํƒ ๋ชจ๊ธฐ์ง€ ?œ์žฅ??๊ต?œ ?”ํ–ˆ?? ?ด์ œ ๋ญ??ด์•ผ์ง€? (2)

Posted onย 12/26/2012

?„๋กœ?ผ๋ธ”๋ฆฌ์นด?์„œ ๋ฏธ๊ตญ??์ฃผํƒ ๋ชจ๊ธฐ์ง€ ?œ์žฅ, ?˜์•„๊ฐ€ ???ธ๊ณ„??๊ฒฝ์ œ??๊ณ„๋ฅต?ผ๋กœ ?๋ฆฌ?ก๊ณ  ?ˆ๋Š” ๋ชจ๊ธฐ์ง€ ?์ด?ธํŠธ???€???Œ์ฐฌ ?ด์šฉ??๋ถ„์„ ๊ธฐ์‚ฌ๋ฅ??ด๋†“?˜๋‹ค. ์ง€?œ๋ฒˆ?ย?a href=”http://economicview.net/12232/”>๊ธฐ์‚ฌ??์ฒซ๋จธ๋ฆฌ๋? ๋ฒˆ์—ญ?ด์„œ ?Œ๊ฐœ?ˆ๊ณ ย ?ด๋ฒˆ????๋ฒˆ์งธ ๋ถ€๋ถ„์ด??

?•์น˜??์ฑ…๋žต???Œ๋ฌธ??๋งˆ๋น„๊ฐ€ ?˜๋‹ค

๊ด€์น˜๋Š” 4?„์„ ?˜์? ?Š์„ ?ˆ์ •?ด์—ˆ?? ๋ถ€?œ์˜ ?ฌ๋ฌด๋ถ€ ?ฅ๊??ด์—ˆ???‰ํฌ ?ด์Šจ?€ ๋ฆฌ๋งŒ๋ธŒ๋ผ?”์Šค๊ฐ€ ?˜์–ด์ง€๊ธ?์ง์ „??2008??9??๊ธด๊ธ‰์กฐ์น˜๋ฅ?์ทจํ–ˆ?? ?ด๋??์œผ๋ก??‰์ •๋ถ€???ด๋? ?จ๊ธฐ ?ด๊ฒฐ์ฑ…์œผ๋ก?๊ฐ„์ฃผ?ˆ๋‹ค. ๊ทธ๋Ÿฌ???„์ฒด ๊ธˆ์œต ?œ์Šค?œ์„ ?€๊ฒฉํ•˜?????ฌ๊ฐ???„๊ธฐ ?์—???ˆ์ถœ๊ตฌ๋? ๊ณ„ํš?˜์? ๋ชปํ–ˆ??

?ค๋ฐ”๋ง??•๋????จ๋‹‰ ?ดํ›„ ๊ธˆ์œต ?œ์Šค?œ์„ ?ˆ์ •?”์‹œ?ค๋Š”?ฐ์— 2009???€๋ถ€๋ถ„์„ ๋ณด๋ƒˆ?? ๊ทธ๋ฆฌ๊ณ ์„œ?? ๋น„๋กย ๋น„ํšจ?จ์ ???„๋กœ๊ทธ๋žจ??/a>?ด์—ˆ?ค๊ณ  ์ง€?์ ?ด๊ณ  ์ดˆ๋‹น?์ธ ๋น„ํŒ??๋ฐ›๊ธฐ???ˆ์?๋ง?์ฃผํƒ ?„๊ธฐ??๋งž์„œ???ˆ๋‹ค.

?จ๋‹ˆ๋ฉ”์? ?„๋ ˆ?”๋งฅ???ด์†Œ??๊ด€???˜์‚ฌ๊ฒฐ์ •???๋„??2010???ˆ์ •???ฌํ–ˆ?? ๋ฏผ๊ฐ„๋ถ€๋ฌธ์˜ ๋ชจ๊ธฐ์ง€ ?œ์žฅ?€ 2008?„์— ๋น„์ฐธ?˜๊ฒŒ ๋ฌด๋„ˆ์กŒ์Œ?๋„, ?ค๋ฐ”๋ง??‰์ •๋ถ€??์ฒ??„๊ธฐ ?™์•ˆ ?œํ•œ?์ธ ?•๋?????• ๋ก??Œ๊??ด์•ผ ?œ๋‹ค??์ฃผ์žฅ??๊ฐ€???ํ–ฅ???ˆ์—ˆ??

2009??12?”์˜ ???Œ์˜?์„œ ์ฃผํƒ ?„๊ธฐ???€??๋ณด๋‹ค ?๊ทน?์ธ ?‰์ •๋ถ€????• ??์ฃผ์ฐฝ?ˆ๋˜ ์ง„๋ณด์ฃผ์˜?๋“ค ์ค‘์—, ๊ต??๊ฒฝ์ œ?„์›???˜์žฅ ?˜๋ฆฌ ?œ๋จธ์ฆˆ๊? ?ˆ์—ˆ?”๋ฐ, ๊ทธ๋Š” ?ด๋Ÿฐ ์ฃผ์žฅ???„์ „?˜์??? ?œ๊ทธ??์ฃผํƒ ?„๊ธฐ๊ฐ€ ???ค๋ฅธ ๊ฒƒ๋“ค๊ณ????‘์? ?ฅ์น˜?ค๋ณด?????ฌ๋ผ???˜๋Š”์ง€๋ฅ?๋ฌป๊ณค ?ˆ์ฃ .??์ฃผํƒ?•์ฑ…??๊ด€???‰์ •๋ถ€??์กฐ์–ธ?˜๋Š” ?๊ทน?์ธ ??• ???˜ํ–‰?˜๋Š” ?Œ์‹ฑ??๊ธฐ๋ฐ˜??๋ฏผ์ฃผ???ฝํฌ?ฑํฌ???˜๋?๊ต?ง„๋ณด๋? ?„ํ•œ ?ผํ„ฐ(Center for American Progress)?™๊? ??HUD?์„œ ?ผํ–ˆ??์ฃผํƒ?„๋ฌธ๊ฐ€ ?ค๋“œ๋ฅ??์นด๋ณด๋น…?ค์˜ ?Œ์ƒ?ด๋‹ค.

?ด๋Š” ?œ๋จธ?ค์˜ ?„ํ˜•?์ธ ์งˆ๋ฌธ๋ฐฉ์‹?ด์—ˆ๊ณ? ์ฐธ์„?๋“ค?๊ฒŒ??๊ทธ๊? ?œ์žฅ???€??์ข€ ??๊นŠ์ด ๊ณ ๋ ค??๊ฒƒ์„ ?„๋ฐœ?˜๋Š” ๊ฒƒ์ธ์ง€, ?„๋‹ˆ๋ฉ?๊ทธ์˜ ์ง„์???๋ฏฟ์Œ??๋ฐ˜์˜?˜๋Š” ๊ฒƒ์ธ์ง€๊ฐ€ ๋ถˆ๋ถ„๋ช…ํ–ˆ?? ?ด๋??์œผ๋ก??œ๋จธ?ค๊? ๊ท??ด์Šˆ๋ฅ?๊ฐ€์ง€๊ณ??Œ์˜๋ฅ?์ฃผ์žฌ?ˆ์„ ?? ?Œ์˜์ฐธ๊??์— ?ฐ๋ฅด๋ฉ?๊ทธ๋Š” ๊ท?๊ทธ๋ฃน??์ข€ ???์œ ๋ฐฉ์ž„์ฃผ์˜???‘๊ทผ??๋ฐ€?ด๋ถ™?ด๋Š” ?œ๋งค?Œโ€์? ๊ฐ•๋ ฅ???•๋???๊ฐœ์ž…??? ํ˜ธ?˜๋Š” ?œ๋น„?˜๊ธฐ?Œโ€๋กœ ?˜๋ˆด?? ?œ๋จธ?ค๋Š” ??? ๋ก ?์„œ ๊ทธ์˜ ??• ??๊ด€??์งˆ๋ฌธ?๋Š” ?€?ตํ•˜์ง€ ?Š์•˜??

2011??2???‰์ •๋ถ€???จ๋‹ˆ๋ฉ”์? ?„๋ ˆ?”๋งฅ???˜๋ฆฌ?˜๋Š” ??๊ฐ€์ง€ ?ต์…˜???ด๊ธด, ๋ฏธ๊ตญ ์ฃผํƒ ๊ธˆ์œต ?œ์žฅ???ฌ์ƒ?œํ‚ค???ต์…˜?ค์ด ๊ฐœ๊ด„?˜์–ด ?ˆ๋Š”ย ๋ฐฑ์„œ๋ฅ?๋ฐœ๊ฐ„?ˆ๋‹ค.

?ต์…˜ 1 : ?จ๋‹ˆ๋ฉ”์? ?„๋ ˆ?”๋งฅ??๋ฐฉ๋ฅ˜?˜๊ณ  ์ฃผํƒ ๊ธˆ์œต ?œ์žฅ?์„œ???•๋?๋ฅ?๊ฑฐ์˜ ?œ๊ฑฐ?˜์—ฌ, ?€๋ถ€๋ถ„์˜ ?œ์žฅ??๋ฏผ์˜?”ํ•œ??

?ต์…˜ 2 : ?„๊ธฐ???œ๊ธฐ?๋งŒ ๋ชจ๊ธฐ์ง€???€???•๋?๋ณด์ฆ??๋ถ€๋ถ„์ ?ผ๋กœ ?œ๊ณต?œ๋‹ค.

?ต์…˜ 3 : ?จ๋‹ˆ๋ฉ”์? ?„๋ ˆ?”๋งฅ???„๊ธฐ ?ด์ „?ผ๋กœ ?ฌ๊ฑด?œ๋‹ค. ?ค๋งŒ, ?ฉ์„ธ?์— ?€??์ฃผ์š”??๋ณดํ˜ธ์กฐ์น˜?ค๊ณผ ?œ์žฅ??๋ฏผ๊ฐ„?๋ณธ??? ์น˜?˜๊ธฐ ?„ํ•œ ์กฐ์น˜?€ ?จ๊ป˜.

๋งŽ์? ?ด๋“ค?€ ?ค๋ฐ”๋ง??‰์ •๋ถ€๊ฐ€ ?ด๋“ค ?ต์…˜ ์ค‘์— ?˜๋‚˜??? ํƒ?˜์? ?Š์? ๊ฒƒ์„ ๋น„ํŒ?ˆ๋‹ค. ?œ์žฌ๋ฌด๋????…์— ?ฟ๊ธฐ???„์— ์ฐจ๋ฒ„?ธ๋‹ค.??์บ˜๋ฆฌ?ฌ๋‹ˆ???ด๋ฐ”???€?™์˜ ?ฐ์ด๋น„๋“œ ๋ฏ?๋ฒ•ํ•™๊ต์ˆ˜??๋ง์ด?? ์กฐ์? W. ๋ถ€?œ์˜ ?ฌ๋ฌด๋ถ€???„์ง ๊ด€๋ฆฌ์????„๋ฆฝ ?ค์?๊ฒ”์? ???ด์Šˆ???€??์ง„์ „???†์Œ???€???œ์˜ค๋ฐ”๋งˆ ?‰์ •๋ถ€???คํŒจ?๋ผ๊ณ?๊ทœ์ •?ˆ๋‹ค.

?‰์ •๋ถ€???€๋ฐ€?˜๊ฒŒ ?ต์…˜ 3??๋ฒ„์ „??? ํ˜ธ?ˆ๋‹ค. ?˜์?๋ง?๊ณตํ™”?น์›?ค์ด 2010??์ค‘๊ฐ„ ? ๊ฑฐ?์„œ ?˜ํšŒ๋ฅ??ฅ์•…?˜์ž, ?‰์ •๋ถ€???‘์žฅ???ต์ˆ™??๋ช‡๋ช‡ ?ฌ๋žŒ???˜ํ•˜๋ฉ??‰์ •๋ถ€???น์ •???ด๋ฒ•??๋ฐ€?ด๋ถ™?ด์? ?Š๋Š” ์ชฝ์œผ๋ก??•์น˜??๊ณ„์‚ฐ???ˆ๋‹ค.

๊ณตํ™”?น์? ?จ๋‹ˆ๋ฉ”์? ?„๋ ˆ?”๋งฅ???€???๊ฐ??๊ฐˆ๋ ธ?? ??๋ถ„ํŒŒ???ฐํŒŒ?ฐ์? ?์œ ?œ์žฅ ์ฒ ํ•™???ผ๊ตฐ?€ ๋ชจ๊ธฐ์ง€ ?œ์žฅ?์„œ ?•๋?๋ฅ?๋นผ๋‚ด๊ธฐ๋? ?ํ–ˆ?? ?ค๋ฅธ ?ด๋“ค?€ ๋ชจ๊ธฐ์ง€ ?œ์žฅ???˜๋Ÿฌ๊ฐ€๊ฒ??˜๊ธฐ ?„ํ•ด, ๊ทธ๋ฆฌ๊ณ??Œ๊ทœ๋ช??€?‰๋“ค??๊ฑฐ๋?๊ธฐ์—…?ค๊ณผ ๋งž์„ค ???ˆ๋„๋ก??˜๊ธฐ ?„ํ•ด, ?„์— ๊ทธ๋žฌ???ด๋–ค ๊ฒƒ์œผ๋ก??จ๋‹ˆ๋ฉ”์? ?„๋ ˆ?”๋งฅ??๋ณต์›?˜๋Š” ๊ฒƒ์„ ๋ณด๊ณ  ?ถ์–ด ?˜๋Š” ?Œ๊ทœ๋ช?์ปค๋??ˆํ‹ฐ ?€?‰๊??? ๋ถ€?™์‚ฐ?…์ž, ์ง€??๊ฐœ๋ฐœ?…์ž?ค์ด??

?€?•์??‰๋“ค?€ ??๋ฒˆ์งธ ๋ถ„ํŒŒ?? ๊ทธ๋“ค?€ ?•๋?????• ??๋ณด์ฆ??๊ต?•œ?˜๊ธฐ๋ฅ??ํ–ˆ?? ?ด๋กœ ?ธํ•ด ๊ทธ๋“ค?€ ?•๋?๋ณด์ฆ๊ธฐ์—…?ค์˜ ?œ์žฅ์ง€๋ฐฐ๋ ฅ๊ณ?๊ฒจ๋ฃจ์ง€ ?Š๊ณ ??๋ชจ๊ธฐ์ง€?์„œ ์ฐฝ์ถœ?˜๋Š” ๋น„์ฆˆ?ˆ์Šค๋ฅ?๊ณ„์†?˜์—ฌ ์ง€๋ฐฐํ•  ???ˆ์„ ๊ฒƒ์ด?ˆ๋‹ค. ๊ด€์น??ด์ „?? ?จ๋‹ˆ๋ฉ”์? ?„๋ ˆ?”๋งฅ?€ ?ด๋–ค ?€์ถœ์??‰๋“ค???œ๊ณต?˜๋Š” ๊ฒƒ์—???„์ฒญ???ํ–ฅ?ฅ์„ ?‰์‚ฌ?˜๋ฉฐ ?€?‰์˜ ??• ???œํ•œ?˜๋Š” ?จ๊ณผ๋ฅ?๊ฐ€?ธ์™”??

?‰์ •๋ถ€???น์ • ๊ณ„ํš??์ง€์ง€?˜๋Š” ๊ฒƒ์? ๋ฐ˜๋??Œ๋? ?ฐํ•ฉ?˜๊ฒŒ ?????ˆ๋‹ค???ฌ์‹ค???Œ๊ณ  ?ˆ์—ˆ?? ?œ์šฐ๋ฆฌ๋Š” ??์ฃผ์ œ???€???ฌ๋„ ๊นŠ์? ?ฐ๊ตฌ๋ฅ??ˆ๊ณ  ๊ธธ๊ณ , ?„์ฒด?์œผ๋ก??„์„ฑ???œ์•ˆ?ค์„ ?ด๋†“?˜์Šต?ˆ๋‹ค.????๋ถ„์•ผ?????ธ์‚ฌ??๋ง์ด?? ?œ๊ทธ ๊ฒฌํ•ด???ฐ๋ฅด๋ฉ??ฐ๋ฆฌ๊ฐ€ ์ทจํ•˜???ด๋–ค ?ฌ์??˜๋„ ๋ณด์ˆ˜์ฃผ์˜?๋“ค๊ณ??์˜ค๋ฐ”๋งˆ ์ง„์˜??๊ณต๊ฒฉ??์ดˆ๋ž˜??๊ฒƒ์ž…?ˆ๋‹ค. ?ด๋Š” ?ผ์˜๋ฅ??‘๊ทน?”์‹œ??๊ฒƒ์ž…?ˆ๋‹ค.??

๋ฏผ์ฃผ?น์›?ค์? ?ค๋ฐ”๋ง??‰์ •๋ถ€???„์ˆ ???€??๊ณผ์ž‰๋ฐ˜์‘?˜๋Š” ?ฑ์˜ ๊ณตํ™”?น์›??๋น„ํ??‘์ ???œ๋„๋ฅ?๋น„๋‚œ?ˆ๋‹ค. ?œ์ •์น˜์  ?„์‹ค?€ ??์ฐจ์ด??๊ฐ€๊ต๋? ?“์? ๋ฐฉ๋„๊ฐ€ ?†๋‹ค???์ž…?ˆ๋‹ค. ?ฌ๋ฌด๋ถ€?€ ?‰์ •๋ถ€๊ฐ€ ์ง„์ „???„ํ•ด ?์„ ?ด๋?๊นŒ์š”? ๊ทธ๋Ÿผ?? ๊ทธ๋Ÿฌ??๊ทธ๋“ค???ด๋–ค ๊ณณ์— ?„๋‹ฌ?˜๊ฒŒ ? ์????ฅ๋‹ด?????†์–ด?? ๊ทธ๋ฆฌ๊ณ??ด๋Š” [๊ณตํ™”?น์›?? ๋ฐ˜๋???๊ท?๋ฌด์–ธ๊ฐ€๋ฅ?์ค?๋ฟ์ด๊ฒ ์ฃ .??๋ฏผ์˜ ๋ง์ด??

๊ณตํ™”?น์›?ค๋กœ?œ๋Š” ?ค๋ฐ”๋ง??‰์ •๋ถ€๊ฐ€ ?ต์…˜???ผ์˜?˜๊ฑฐ???„์ด?”์–ด๋ฅ??ค์œผ?ค๊ณ  ๊ทธ๋“ค?๊ฒŒ ?์„ ?ด๋?์ง€ ?Š๋Š”?ค๊ณ  ๋งํ•œ??

๊ทธ๋ฆฌ๊ณ?๋ฌผ๋ก  ๋ฏผ์ฃผ?น์›?€ ?ํ•œ ๋ณด๋‹ค ?ฝํ•˜๊ฒ??œ๋ช…?˜๊ณ ???ˆ์?๋ง?๋ถ„ํŒŒ?ค์ด ์กด์žฌ?œ๋‹ค. ์ง„๋ณด์ง„์˜?€ ??๋งŽ์? ๊ฐ€๊ณ„๋“ค???Œ๋งž?€ ์ฃผํƒ??๋งŒ๋“ค๊ธ??„ํ•ด ์ถฉ๋ถ„??์ง€?์ด ?ˆ๋‹ค??๊ฒƒ์„ ?•๋?๊ฐ€ ?•์ธ?ด์ฃผ๊ธฐ๋? ?ํ•œ??

?œํŽธ, ?จ๋‹ˆ๋ฉ”์? ?„๋ ˆ?”๋งฅ?€ ?•์น˜?์œผ๋ก??…์ด ?๋‹ค. ?ค๋ฐ”๋ง??‰์ •๋ถ€?์„œ ?œ๋จธ?ค์˜ ๊ฒฝ์ œ?•์ฑ…???€???น๋ณ„๋ณด์ž๊ด€?ด๊ธฐ?????คํ•˜?ด์˜ค ์ฃผ๋ฆฝ?€?™๊ต??๋ฒ•ํ•™ ๊ต์ˆ˜ ?ผํ„ฐ ?ค์??ด์–ด??2009???ฌ๋ฆฌ?ค๋งˆ?ค์— ๋ถ์บ๋กค๋ผ?ด๋‚˜๋ก?์ฐจ๋? ๋ชฐ๊ณ  ๊ฐ??ฅ๋ฉด???Œ์ƒ?ˆ๋‹ค. ์ง€???ผ๋””?ค๋Š” ?จ๋‹ˆ๋ฉ”์? ?„๋ ˆ?”๋งฅ??๊ตฌ์ œ๊ธˆ์œต???˜๋ชป??๊ฒƒ์ด?ผ๋Š” ?ฌ์‹ค???์ง•?ผ๋กœ??๊ฐ„์ฃผ?˜๋Š” ๋ฐ˜๋??๋“ค???˜ํ•ด ์ง€๋ฐฐ๋˜๊ณ??ˆ์—ˆ?? ?œ์–ด??์ฃผ์ œ๊ฐ€ ๊ทธ๋ ‡๊ฒ?๋ฐฉ์‚ฌ?ฅ์ด ?˜์—ˆ???? ?ด๋–ค ๋นŒ์–ด๋จน์„ ?•์ฑ…???‘๋™?˜๊ฒ ?ต๋‹ˆ๊น???๊ทธ์˜ ๋ง์ด??

๊ทธ๋ฆฌ๊ณ?2011???‰์ •๋ถ€๊ฐ€ ๋ฐฑ์„œ๋ฅ????ดํ›„, ?˜ํšŒ?€ ๋ฐฑ์•…๊ด€?์„œ???„๋ฌด ?ผ๋„ ๋ฐœ์ƒ?˜์? ?Š์•˜??

?ฐ๋ฆฌ??์ฃผํƒ ๋ชจ๊ธฐ์ง€ ?œ์žฅ??๊ต?œ ?”ํ–ˆ?? ?ด์ œ ๋ญ??ด์•ผ์ง€? (ๅฎ?

Posted onย 12/26/2012

?„๋กœ?ผ๋ธ”๋ฆฌ์นด?์„œ ๋ฏธ๊ตญ??์ฃผํƒ ๋ชจ๊ธฐ์ง€ ?œ์žฅ, ?˜์•„๊ฐ€ ???ธ๊ณ„??๊ฒฝ์ œ??๊ณ„๋ฅต?ผ๋กœ ?๋ฆฌ?ก๊ณ  ?ˆ๋Š” ๋ชจ๊ธฐ์ง€ ?์ด?ธํŠธ???€???Œ์ฐฌ ?ด์šฉ??๋ถ„์„ ๊ธฐ์‚ฌ๋ฅ??ด๋†“?˜๋‹ค. ์ง€?œ๋ฒˆ??๊ธฐ์‚ฌ???ผ๋?๋ฅ???๋ฒˆ์— ๊ฑธ์ณ ?˜๋ˆ„???Œ๊ฐœ?˜์?๊ณ?์ฒ?๋ฒˆ์งธ ๊ธ€,ย ??๋ฒˆ์งธ ๊ธ€) ?ด๋ฒˆ??๋งˆ์?๋ง?๋ถ€๋ถ„์ด??

๋ฐฑํˆฌ?”ํ“จ์ฒ?/strong>

?œํŽธ, FHFA???จ๋‹ˆ๋ฉ”์? ?„๋ ˆ?”๋งฅ??๋ฏธ๋ž˜๋ฅ?๊ถ๊ทน?์œผ๋ก?๋ฐ”๊? ???ˆ๋Š” ?‘์? ๊ฒฐ์ •?ค์„ ?‡๋”ฐ???ด๋ฆฌ๊ณ??ˆ๋‹ค.

?จ๋‹ˆ๋ฉ”์? ?„๋ ˆ?”๋งฅ???ด์œค??์ฆ๊??œํ‚ค???˜๋Š” ๊ณผ์ •?์„œ, FHFA???Œ๋กœ ์ฃผํƒ?Œ์œ ?์˜ ๊ถŒ๋ฆฌ๋ฅ??œํ•œ?˜๋ฉด?œ๊นŒ์ง€ ๋ชจ๊ธฐ์ง€ ? ์šฉ???œํ•œ?˜๊ณ  ?ˆ๋‹ค๊ณ?๋น„ํŒ?๋“ค?€ ?ด์•ผ๊ธฐํ•˜๊ณ??ˆ๋‹ค. ์ตœ๊ทผ FHFA??? ์‹ค์ฒ˜๋ถ„ ๋น„์šฉ???’์? ?ค์„ฏ ๊ฐœ์˜ ์ฃผ์—??๋ณด์ฆ๋ฃŒ๋? ?ฌ๋ฆฌ??๊ณ„ํš??๊ฒ€? ํ•˜๊ณ??ˆ๋‹ค๊ณ?๋ฐœํ‘œ?ˆ๋‹ค. ๊ท????ด์œ ๋ก?: ?ด๋“ค ์ฃผ์—?œ๋Š” ?์‚ฌ?ค์ด ? ์‹ค์ฒ˜๋ถ„??๊ฐ๋…?ด์„œ, ์ฃผํƒ?•์ฑ… ์ฃผ์ฐฝ?๋“ค??์ฃผ์žฅ?˜๊ธฐ๋ฅ?์ฃผํƒ?Œ์œ ?๋“ค???„ํ•œ ?ฌ๋ช…?ฑ๊ณผ ?„์š”???ˆ์ฐจ๋ฅ??œ๊ณต?˜๋Š” ๊ณณ๋“ค?ด๋‹ค. ?ฌ๋ฒ•?์ธ ? ์‹ค์ฒ˜๋ถ„???†์ด, ?€?‰์˜ 2010?„์˜ย ?œ์ƒ?ฌ์ ???œ๋ช…(robo-signing)???จ์šฉ??๋ฐํ?์ง€์ง€ ?Š์•˜??๊ฒƒ์ด?? ?ฌ์‹ค??๋น„ํŒ?๋“ค??๊ณต๊ฒฉ?˜๊ธธ FHFA???€?‰์˜ ์ค‘์š”???ฌ์—…??๊ฐ๋…???œ๊ณต?˜๋Š” ์ฃผ์— ?ฌ๋Š” ์ฃผํƒ?Œ์œ ?๋“ค??๋ฒŒ์ฃผ??๊ฒƒ์ด??

???ค๋ฅธ ?€์ง์ž„?ผ๋กœ FHFA???€?‰๋“ค???จ๋‹ˆ๋ฉ”์? ?„๋ ˆ?”๋งฅ??๋ณด์ฆ??๋ชจ๊ธฐ์ง€???€??๋ฆฌ์Šค?ฌ๋? ๊ทธ๋“ค???ฅ๋??์„œ ?ค์‹œ ?œ์ž๋ฆฌ์— ๊ฐ–๋‹ค ?“์„ ๊ฒƒ์„ ๊ฐ•์š”?ˆ๋‹ค. ?จ๋‹ˆ๋ฉ”์? ?„๋ ˆ?”๋งฅ?€ ์ฒ˜์Œ???€์ถœ์„ ?ผ์œผ???Œ์‚ฌ๊ฐ€ ๊ณ„์•ฝ์กฐ๊ฑด???„๋ฐ˜??๊ฒƒ์„ ?ฌํ›„?์œผ๋ก?๋ฐœ๊ฒฌ?ˆ์„ ?Œ์— ?ด๋ ‡๊ฒ??ด์™”?? ?ด๋Ÿฌ??๊ณต๊ฒฉ?์ธ ?œํ’‹๋ฐฑโ€์œผ๋ก??€?‰๋“ค?€ ?ˆ๋กœ??๋ชจ๊ธฐ์ง€ ?€์ถœ์„ ?ผ์œผ?ค๋Š” ๊ฒƒ์„ ๊บผ๋ฆฌ๊ณ??ˆ๋‹ค๊ณ?๋ถ„์„๊ฐ€?ค์? ?ด์•ผ๊ธฐํ•˜๊ณ??ˆ๋‹ค.

?ด๋Ÿฌ???•์ฑ…?ค์? ?•๋????ค๋ฅธ ๋ถ€๋ฌธ๋“ค?? ?ˆ๋? ?ค์–ด ?€์ถœ์„ ์ฆ๊??œํ‚ค๊ธ??„ํ•ด ๊ธˆ๋ฆฌ๋ฅ?๊บพ์–ด ?ด๋ฆฌ?ค๋Š” Fed?€ ๊ฐ™์? ๊ณณ์— ?œ๋กœ ?ป์ด ?‡๊ฐˆ๋ฆฌ๋Š” ?จ๊ณผ๋ฅ?๋ถˆ๋Ÿฌ?ค๊ณ  ?ˆ๋‹ค. ?œFed??๋ถˆ์„ ?„๊ธฐ ?„ํ•ด ?˜๋„๊ผ??๋ฅ??ด์–ด ๋ฌผ์„ ๋ถ€?ผ๋ ค ?ฉ๋‹ˆ?? FHFA???ธ์Šค๋ฅ?์ฃ„์–ด?? ์ตœ๊ทผ 20???ด๋ž˜ ?ด๋Š ?œ๊ธฐ๋ณด๋‹ค ??๋นก๋นก??? ์šฉ๊ธฐ์???? ์??˜๊ณ  ?ˆ์–ด????์ปฌ๋Ÿผ๋น„์•„ ?€?™์˜ ์ฃผํƒ๊ฒฝ์ œ?™์ž ?ฌ๋ฆฌ?คํ† ??๋ฉ”์ด?ด์˜ ๋ง์ด??

?ค๋Š˜?? ?Œ์‹ฑ?ด์˜ ๊ด€์ฐฐ์ž?ค์? ?ฌํšŒ???ต๋…?ผ๋กœ ?ธํ•ด ?ต์…˜ 3?€ ๋น„์Šท??๊ท?๋ฌด์—‡?? ๋ฏผ๊ฐ„๊ณ?๊ณต๊ณต ๊ธˆ์œต?œ์žฅ???˜์ด๋ธŒ๋ฆฌ?œ๋กœ???Œ๊?๋ก??ฉ์ณ์ง€๊ณ??ˆ๋‹ค๊ณ??๊ฐ?œ๋‹ค. ๊ท?๊ฒฌํ•ด???œ์žฅ?์„œ ๋ฏผ๊ฐ„?๋ณธ?€ ?„์š”?˜๋‹ค??๊ฒƒ์ด?? ๊ทธ๋Ÿฌ???•๋?????•  ?†์ด??์ฃผํƒ ?œ์žฅ?€ ?œ๋“ค??์ฃฝ์„ ๊ฒƒ์ด?? ๋งŽ์? ?ด๋“ค?€ ์ฃผํƒ?Œ์œ ??๊ด€???„๋ฉ”๋ฆฌ์นธ?œ๋ฆผ??๊ธฐ๋…๋น„์???๊ฐ™์? 30??๋ชจ๊ธฐ์ง€๊ฐ€, ?€?‰์ด ?•๋?๋ณด์ฆ???†์ด??๊ทธ๋ ‡๊ฒ??ค๋žœ ๊ธฐ๊ฐ„??๊ฑธ์ณ ?˜๊ฐš?„์????€์ถœ์„ ?œ๊ณต?˜๊ธฐ ๊บผ๋ฆฌ๊ฒ??˜๋ฉด???ฌ๋ผ์งˆ์???๋ชจ๋ฅธ?ค๊ณ  ๋ฏฟ๊ณ  ?ˆ๋‹ค.

์ง€๊ธ????œ๊ฐ„, ๋ฏผ๊ฐ„?ฌ์ž?๋“ค?€ ์ตœ์ดˆ???์‹ค??๋ฌถ์—ฌ?ˆ๊ณ  ?ด๋ก ?์œผ๋กœ๋Š” ?จ๋‹ˆ๋ฉ”์? ?„๋ ˆ?”๋งฅ??๊ทธ๋“ค??๋ณด์ฆ???€?˜์—ฌ ?„๊ธฐ๋ฅ??ž๋‘๊ณ?๊ทธ๋“ค???ˆ๋˜ ๊ฒƒ์ฒ˜???์? ๋น„์šฉ?ผ๋กœ ์ฒ?ตฌ??๊ฒ?๊ฐ™์? ?Š๋‹ค.

๋ถ€?œ๊? ์ง€๋ช…ํ–ˆ???ค์?๊ฒ”์ด ๋ฏผ์ฃผ?น๊ณผ ๊ณตํ™”??์ฃผ๋ฅ˜ ๊ฒฌํ•ด?ค์ด ?ค์ˆ˜ ๊ฒน์นœ?ค๋Š” ์ฃผ์žฅ??๊ณ ๋ ค?˜๋ฉด, ๋ณด์ˆ˜์ฃผ์˜?๋กœ??๊ทธ๋Š” ?•๋?๊ฐ€ ์ฃผํƒ??๊ด€????• ???ด์•ผ ?œ๋‹ค๊ณ??™์˜?œ๋‹ค. ?œ๊ทธ๊ฒ??•๋?๊ฐ€ ?ˆ๋Š” ?ด์œ ?? ?€?“๊ณ  ?˜๊ณ  ?˜ํ•ด????๊ทธ์˜ ๋ง์ด??

?ค์?๊ฒ”์? ๋ณด๋‹ค ๊ฐ•๊ฒฝ??๊ณตํ™”?น์›๊ณผ๋Š” ๋ฐ˜๋??˜์—ฌ ?„์ ?ผ๋กœ ๋ฏผ๊ฐ„???˜ํ•œ ์ฃผํƒ ๊ธˆ์œต ?œ์žฅ?€ ?˜์ƒ?ด๋ผ๊ณ?๋งํ•œ?? ์ฃผํƒ?€ ๊ฒฝ์ œ???ˆ๋ฌด ์ค‘์š”?˜๊ธฐ???•๋???๋ถˆ๊??ผํ•˜๊ฒ?์ฃผ์š”???„๊ธฐ?์„œ ?ด๋? ๊ตฌ์ œ??๊ฒƒ์ด?? ๊ทธ๋Ÿฌ๋ฏ€๋ก??•๋?๊ฐ€ ๋ช…์‹œ?์œผ๋ก??ค์†Œ ?œ์žฅ?์„œ ๋ฌผ๋Ÿฌ?œ๋‹ค ?˜์—ฌ?? ?”๋ฌต?์œผ๋ก?๊ทธ๊ฒƒ??์ง€?ํ•  ๊ฒƒ์ด?? ๋ณด์ˆ˜์ฃผ์˜?๋“ค?€ ?•๋?๊ฐ€ ๊ทธ๋“ค??๋ณด์ฆ???€???์ •๊ฐ€๊ฒฉ์„ ๋ถ€๊ณผํ•˜?„๋ก ๊ฐ•์ œ?˜๊ณ  ??• ??์ตœ์†Œ?”ํ•˜??๊ฒƒ์— ๊ด€?ฌ์ด ?ˆ๋‹ค.

?ด๋Ÿฐ ๊ฒฌํ•ด???ฉ์˜???ด๋? ???ˆ๋Š” ?€?‘์ ??์กด์žฌ?œ๋‹ค??๊ฒƒ์„ ?”์‹œ?œ๋‹ค. ?œ์ปจ?ผ์Šค?œ๊? ?ด๋ฃจ?ด์ ธ???˜๋Š” ๋ถ„์•ผ ์ค??˜๋‚˜?????ค์?๊ฒ”์˜ ๋ง์ด??

๊ทธ๋Ÿฌ??๋ช‡๋ช‡ ?ฌ๋žŒ?? ?นํžˆ ?Œ์‹ฑ?ด๊ณผ ?”์Šค?ธ๋ฆฌ??๋ฐ”๊นฅ???ฌ๋žŒ?ค์? ?ด์œค์ถ”๊ตฌ ?‰์œ„๊ฐ€ ?œ๋ธŒ?„๋ผ??๊ดด๋ฉธ๋ก??ด์–ด์กŒ์Œ??๊ฐ์•ˆ???????€?์„œ??๋ฏผ๊ฐ„?œ์žฅ ??• ๋ก?๋ณต๊??˜๋Š” ?ฐ์— ?ค์‹œ ?๊ฐ?˜๊ณ  ?ˆ๋‹ค. ?ด๋? ๋ฏธ๋Š” ?ด๊? ๊ฑฐ์˜ ?†์?๋ง??ต์…˜ 4๊ฐ€ ?ˆ๋‹ค : ๋ชจ๊ธฐ์ง€ ?œ์žฅ?์„œ ?•๋?????• ???•๋??˜๋Š” ๊ฒ? ?„๋งˆ??์ฃผํƒ?€์ถœ์„ ?•๋?๊ฐ€ ??๋งŽ์ด ์ง์ ‘?์œผ๋ก?๋ณด์ฆ?˜๊ฒŒ ?˜๋Š” ๊ฒ? ?ฐ๋ฐฉ?ˆ๊ธˆ๋ณดํ—˜๊ณต์‚ฌ?€ ? ์‚ฌ???•๋?๊ธฐ๊??????˜๋„ ?ˆ๋Š”?? ?ด๋Š” ?˜ํšŒ๋กœ๋????…๋ฆฝ?์ธ ?˜๋‹จ??๊ฐ–๊ฒŒ ?˜๊ฑฐ??๊ท??„๋ž˜?์„œ ๊ฐœ์ž…???œํ–‰?˜์?๋ง??ด์œค??์ถ”๊ตฌ?˜์? ?Š์„ ๊ฒƒ์ด?? ??๋ฐฉ๋ฒ•?ผ๋กœ ๊ธฐ๊??€ ?จ๋‹ˆ๋ฉ”์? ?„๋ ˆ?”๋งฅ??๊ณต๊ณต/๋ฏผ๊ฐ„ ?˜์ด๋ธŒ๋ฆฌ??๋ชจ๋ธ??๊ณ ์œ ??๊ฐˆ๋“ฑ???ผํ•  ???ˆ์„ ๊ฒƒ์ด??

?œ์ด?ค์ถ”๊ตฌ๊? ?€?‰๋“ค๊ณ?๊ธˆ์œต๊ธฐ๊??ค์„ ๊ณค๊ฒฝ??๋น ํŠธ๋ฆฌ๋Š” ?์ธ?…๋‹ˆ?? ?•๋? ??‹œ ๊ณค๊ฒฝ??๋น ์งˆ ???ˆ์Šต?ˆ๋‹ค. ๊ทธ๋Ÿฌ?????œํ•œ ๊ณค๊ฒฝ??๋น ์งˆ ?˜๋„ ?ˆ์Šต?ˆ๋‹ค.???ˆ์ด๊ฑด๊ณผ ์กฐ์? H.W. ๋ถ€???˜์—??์ฃผํƒ?„์‹œ๊ฐœ๋ฐœ์ฒ?๊ฒฝ์ œ?™์ž๋ก??ผํ–ˆ???˜์ž” ?ฐ๋“œ?Œ๋“œ??๋ง์ด?? ?ด์— ?”ํ•ด???œ์ •๋ถ€๊ฐ€ ?Œ๋น„?๋? ?ด์น˜??๋ฌด์–ธ๊ฐ€๋ฅ??˜๊ธฐ?€ ๋งค์šฐ ?ด๋ ต?ต๋‹ˆ????

?˜๋ฐ”??๊ต์ˆ˜ ?ฐ์ด๋น??คํ”„?คํ??ธ์? ?ค๋ฐ”๋งˆ์˜ ?ฌ๋ฌด๋ถ€?์„œ ?ผํ•˜๋ฉด์„œ ?„๊ธฐ๊ฐ€ ?„๋ž˜???Œ๋งŒ ๋ชจ๊ธฐ์ง€๋ฅ?๋ณด์ฆ?˜๋Š” ๊ฒƒ์œผ๋ก??œํ•œ?˜๋Š” ?ต์…˜ 2๋ฅ?๋ฐฑ์„œ??์ง‘์–ด?ฃ๋Š” ๊ฒƒ์— ๊ธฐ์—ฌ?ˆ๋‹ค. ๊ทธ๋Š” ?ค์Šค๋ก??œํŒจ?ˆ๋ฉ”?€ ?„๋ ˆ?”๋งฅ??๊ฐœ์กฐ(re-do)?๋ผ ๋ถ€๋ฅด๋Š” ?ต์…˜ 3???€???ผ๋ ค?˜๊ณ  ?ˆ๋‹ค.

๊ทธ๋Ÿฌ???ด๋? ์ง€์ง€?˜๋Š” ?˜์? ๋ง‰๊ฐ•?˜๋‹ค. ?œ์ด??์ฃผํƒ?ฐ์—…, ?”์Šค?ธ๋ฆฌ?? ๊ทธ๋ฆฌ๊ณ??Œ๋น„?๋‹จ์ฒด๊? ๊ทผ๋ณธ?์œผ๋ก??‘๊ฐ™?€ ?•์ฑ…??์ง€์ง€?˜๊ณ  ?ˆ๋‹ค??๊ฒƒ์? ๋งค์šฐ ?€?๋‹ค ??๊ทธ๋ฆฌ๊ณ?๋งค์šฐ ?ด๋??์ด??-??๊ทธ์˜ ๋ง์ด??

๊ทธ์˜ ๋ง์— ?ฐ๋ฅด๋ฉ??™์ •???ดํ”ผ?????Œ์—??๊ทธ๋Ÿฐ ?ผ์ด ๋งŽ์ด ?ผ์–ด?˜์? ?Š๋Š”?? ๊ทธ์˜ ?ฐ๋ ค??๋ฏผ๊ฐ„???ด์œค์ถ”๊ตฌ ๊ธฐ์—…?ค์ด ?ฑ์žฅ?˜๊ณ  ?ถ์–ด ?˜๊ณ  ?œ์žฅ ์ง€๋ถ„์„ ?˜์ด???˜๊ณ  ?ถ์–ด ?œ๋‹ค??๊ฒƒ์ด?? ๊ทธ๋“ค?€ ?„๊ธฐ???€??? ๋ณด?ด์•ผ ???๋ณธ๊ธˆ์„ ์ค„์ด๊ธ??„ํ•ด, ๊ทธ๋ฆฌ๊ณ?๋ชจ๊ธฐ์ง€ ๋ณดํ—˜???€???˜์ˆ˜๋ฃŒ๋? ??ถฐ ๊ฐ€๊ฒฉ๊ฒฝ?๋ ฅ??๊ฐ€์ง????ˆ๊ฒŒ ๋กœ๋น„๋ฅ????˜๋„ ?ˆ๋‹ค. ๋งŒ์•ฝ ?ค๋ฅธ ?„๊ธฐ๊ฐ€ ?„๋ž˜?œ๋‹ค๋ฉ? ????? ?๋ณธ? ๋ณด?€ ????? ?˜์ˆ˜๋ฃŒ๋กœ ?ธํ•ด ?Œ์‚ฐ?????ธ์ถœ?˜๊ธฐ ?ฝ๊ณ , ?ฉ์„ธ?๋Š” ๊ทธ๋“ค??๊ตฌ์ œ?ด์•ผ ?œ๋‹ค. ?œ๋?๊ฐ„์‹œ?ฅ์ด๊ฑฐ๋‚˜ ?•๋??ฌ์•ผ ?œ๋‹ค. ๊ทธ๋Ÿฌ??๋ฏผ๊ฐ„ ๊ธฐ์—…??์ง€?ํ•˜??๊ฒƒ์? ?•๋??”โ€ฆโ€??คํ”„?คํ??ธ์ด ๋งํ–ˆ?? ?œ์ด??๊ฐ€?ฅํ•œ ์ค‘์˜ ์ตœ์•…??์กฐํ•ฉ?ด๋‹ค.??

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?„๊ธฐ

?๋ณธ์ฃผ์˜?์„œ ์ค‘์•™?€?‰์ด ?œ์ตœ?„์˜ ?€๋ถ€?โ€?๊ธฐ๋Šฅ???˜์? ?Š์œผ๋ฉ?๊ธˆ์œต ?œ์Šค?œ์ด ?Œ์•„๊ฐ€์ง€ ?Š๋“ฏ??๊ฒฐ๊ตญ ๋ถ€?™์‚ฐ ?œ์žฅ?์„œ ???๋‹น??๊ต??๊ฐ€ ๊ทธ๋ ‡์ง€๋ง? ?์–ด??๋ฏธ๊ตญ ๋ถ€?™์‚ฐ ?œ์žฅ?์„œ?????œ์ตœ?„์˜ ์ง€?์ž?๊? ?†๋Š” ?ํƒœ?์„œ ?Œ๋งž?€(affordable) ์ฃผํƒ???œ๊ณต?˜๊ธฐ?€ ?œ์•„๋ฉ”๋ฆฌ์นธโ€??œ๋ฆผ??๋ฟ์ด?€ ?ฌ์‹ค?????????ˆ๋Š” ๊ธ€?ด๋‹ค. ?คํ”„?คํ??ธ์? ?œ์ฃผ?์‚ฐ?? ?”์Šค?ธ๋ฆฌ?? ?Œ๋น„?๋‹จ์ฒด๊? ?™์ผ???ต์…˜??์ง€์ง€?˜๋Š” ๊ฒƒ์ด ?€?๋‹ค?๊ณ  ?˜์?๋ง? ?œ์žฅ๊ทผ๋ณธ์ฃผ์˜?๊? ์ฃผ์žฅ?˜๋Š” ?•๋?์ง€???†๋Š” ์ฃผํƒ ๊ธˆ์œต ?œ์žฅ?€ ?ฑ๋ฆฝ๋ถˆ๊??ฅํ•˜?ค๋Š” ?ฌ์‹ค???œ์ •? ์„ ๊ฐ€์ง??ด๋“ค?ด๋ผ๋ฉ??Œ๊ณ  ?ˆ๋‹ค???ฌ์‹ค???•์ธ?œ์ผœ์ค??ฐ๋ฆ„?ด๋‹ค. ?•๋?๊ฐ€ ?œ์žฅ??๊ฐœ์ž…?˜๋Š” ๊ฒƒ์ด ?˜๋ชป ??๊ฒƒ์ด ?„๋‹ˆ???œ์ž˜๋ชปโ€?๊ฐœ์ž…?˜๋Š” ๊ฒƒ์ด ?˜๋ชป ??๊ฒƒ์ด?? ๊ทธ๊ฒƒ???ผ๋??์„œ???œ๋??๋? ?„ํ•œ ?ฌํšŒ์ฃผ์˜?๋ผ ๋ถˆ๋?๊ณ? ?ฐ๋ฆฌ?????ฌํ•œ???ฌํšŒ์ฃผ์˜๋ฅ??ฌ์ „???œ๋?๊ต?‹ ?๋ณธ์ฃผ์˜?๋ผ ๋ถ€๋ฅด๊ณ  ?ˆ๋‹ค.

http://economicview.net/category/%EA%B2%BD%EC%A0%9C/%EB%B6%80%EB%8F%99%EC%82%B0/

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