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It is about a year ago now that the credit crisis first started affecting jumbo mortgage originator Thornburg Mortgage TMA: 0.24 0.00 0.00…

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Federal Reserve Bank of Minneapolis President Gary Stern said
Wednesday that now is not an “appropriate time” to close
government-sponsored Enterprises Fannie Mae and Freddie Mac.

Speaking on Bloomberg Television, Stern said it is “important” for
Fannie and Freddie to function and that they should be re-oriented
towards lower income buyers.

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While the U.S is currently in the midst of the largest bout of home
foreclosures in at least 30 years, at least one economist says
two more ‘waves’ are likely on the way.

Patrick Newport, a housing economist at Global Insight, said the next
round of foreclosures could come over the next several months as a result
of…

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Michael at MarketSci is out with another provocative post this morning…

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Im about to head out on a boating trip on the lake, so Ill be quiet for the rest…

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Commercial real estate prices continued falling in
June, according to the Moody’s/REAL Commercial Property Price Indices
(CPPI), which recorded a 3.3% monthly decline, marking a 9.6% decrease
from year-ago levels.

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Whats the outlook for inflation The question is simple enough…

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Daily Forex Analysis Todays US Dollar Trading USD finally weakens Volumes a…

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Weve looked at several ways to play anticipated growth in wind…

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Though we welcome the recent gains in the market, we caution that the selling…

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