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Foreclosure Filings Hit 1.5 Million Homes in First Half of ‘09 Wall Street Journal The foreclosure train wreck continues, as a weak job market and falling home prices pushed foreclosures to a record high in the first half of the year. So far this...
Published Thu, July 16 2009 10:01 AM Octavion
Freddie's 2008 Loss Exceeds $50 Billion Washington Post Freddie Mac reported yesterday that it lost $50.1 billion last year, almost half of it in the final three months of 2008, and would need an additional $30.8 billion in taxpayer assistance to...
Published Thu, March 12 2009 10:50 AM Octavion
U.S. Home Prices Fall at Highest Annual Rate Last Quarter International herald Tribune A widely watched index showed Tuesday that U.S. home prices tumbled by the sharpest annual rate on record in the fourth quarter and in December. The Standard &...
Published Tue, February 24 2009 8:34 AM Octavion
Congress Strikes $789 Billion Stimulus Deal Wall Street Journal February 12, 2009 Congress and the White House reached accord on a $789.5 billion economic-recovery package that would shower hundreds of billions of dollars in tax relief on individuals...
Published Thu, February 12 2009 4:09 PM Octavion
When Foreclosures Outnumber New Homes Boston Globe January 16, 2009 The number of people losing their homes to foreclosure across the country is now outstripping the number of new homes being built. More than 860,000 homes were foreclosed on last year...
Published Fri, January 16 2009 9:05 AM Octavion