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Article on the moratorium

Started this discussion. Last reply by George Kenner Apr 9, 2009. 1 Reply

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Good for who? Depends on how you look at it...

Posted on April 12, 2009 at 2:00am 0 Comments

Last modified Friday, April 3, 2009 8:42 PM PDT

HOUSING: Now federal loans are sinking, too

By ZACH FOX - North County Times

Once considered among the safest loans available, government-insured mortgages issued last year have performed worse than the subprime loans that kicked off the collapse of the nation's housing market, according to data from a research firm.

So far, government bailouts have put up to $2.9 trillion of… Continue

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