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As housing inventories reached new highs, existing-home sales in the United States fell in July to its lowest rate in more than two years. Industry economists discuss the drop and the impact of the softening real estate market on the…
Chris Rose of the New Orleans Times-Picayune describes the state of mind in the Crescent City as hurricane season descends.
The mortgage giant Fannie Mae received a $400 million dollar fine and a scathing report on its "unethical corporate culture."…
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