The non-profit investigative journalism organization ProPublica, in cooperation with National Public Radio, published a story yesterday revealing that Freddie Mac, the government-owned mortgage financier, has recently been …
Real Estate
No Bottoming Out for Real Estate Market as Home Values Keep Falling
If you’re watching the real estate markets, the good news is that the Federal Reserve has pledged to keep interest rates low through 2014. The bad news is that the market is going to need it. The November Case-Shiller housing …
The Neverending Bailout: The U.S. Is Still Owed $133 Billion from Crisis Fund
If you thought the bank bailout that started in late 2008 was long gone, you would be far from wrong. The special investigator for TARP, the government fund that was created in the wake of the financial crisis, released a report …
Does Obama Finally Have a Plan to Fix the Housing Mess?
Perhaps the single biggest headwind the American economy faces, rivaled only by unemployment, is the dismal housing market. American’s biggest source of wealth has been decimated over the past six years, so it was no surprise …
Realtor Revise: Housing Downturn Was Worse Than We Thought
It may not seem possible, but the horrific housing market crash of the past few years has actually been worse than we previously thought.
In the past two years alone, more than three million fewer homes may have been sold than
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