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housing crisis

The Next Wave of the Housing Crisis: Much More Pain in 2010, 2011

March 17, 2010
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In case you missed it, the Federal Reserve just threw some gasoline on the housing inferno. This month, the Fed confirmed that it will no longer make open market purchases of mortgage backed securities after March 31st, and underwater homeowners are going to miss that money. This particular Fed program was one of a number [...]

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