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Spring 2002

Vol. 25 No. 1
From the Cover

Testing the Rhetoric

By Allen Blackman

Location-efficient mortgages may have more costs and risks than proponents claim.

Financial Deja vu?

By David Nickerson and Ronnie J. Phillips

The Farm Credit System’s past woes could strike the Federal Home Loan Bank System.

Readying for More Reform

By Edmund W. Kitch

Will Congress end the requirement that only SEC-registered securities be sold to the public?