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Treasury Secretary Timothy Geithner says the U.S. economy has suffered a lot of damage in the current downturn and it's going to take time before it fully recovers.
The head of the Federal Housing Administration warned that raising down payment requirements or taking similar steps to limit the pool of eligible buyers for FHA-backed loans would hamstring a...
The House Trap
An analysis for The New York Times by the real estate information company First American CoreLogic shows there are 2.8 million active...
John Leland of the New York Times has an interesting story (today) about how option ARM’s have replaced subprime as the industry bad boy.
Highlights from the New York Times article:
Mr. Clavon,...