So the question is: How can the market re-emerge with enough flexibility to allow more families to achieve homeownership in a responsible way, while avoiding the mistakes of the recent past? Achieving credit quality and availability Some would argue that most of the really risky behavior is now out of the market.
A few countries have made the transition to a single regulatory financial authority using their central banks. These are Ireland, Russia and Singapore. Other countries have established a single regulator to co-exist alongside their central banks. These include Barbados, Canada, Colombia, Germany, Japan, Qatar and South Korea.