If you want to know what government intervention in the housing market is all about, visit 105 South Wheeler Street in Plant City, Fla. Benchmark Lending, a mortgage brokerage headquartered in Suite 200 there, got flagged in 2008 by the Federal Housing Administrations home loan insurance program because its clients had been defaulting at a rate roughly three times the 4.2% national average, leaving the FHA to pick up the tab.
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