Chart of the Day - For some perspective into the all-important US real estate market, today’s chart illustrates the US median price of a single-family home over the past 39 years.
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Newest Fraud - Torching your car - Fraud in the desert and the “Disabler” - Tim Iacono - … In Signs of Stress, Fraud on […]

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Jumbo Loans Could Make a Comeback - Luxury home sales could rise if rates lower for jumbo loans. But lenders are going to be stricter than ever - By Prashant Gopal -  BusinessWeek 
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1.  Mortgage Rates Drop to Record Low 4.85% - … It was a lot worse in the 1981-1982 recession when mortgage rates […]

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More on NCUA’s non disclosure of info in putting 2 huge credit unions into conservatorship:  A Letter to NCUA, re: The Math on the $9 Billion Credit Loss Estimate - An Open Letter To: NCUA Board Members  From: Chip Filson  - CreditUnions.com 
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DOUBLE-DIPPERS - CITI, BOFA BUYING BACK LAUNDERED LOANS AT LOWER RATES - … Both […]

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Banking crisis: We are so very, very screwed - … “This American Life” podcast explaining the economic crisis in language ordinary people can understand. This time, they explained the problem with the banks. The transcript is here, in PDF form.    … They’re talking about why it’s exactly wrong for us to expect troubled banks to […]

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has examples - Treasury Department Releases Details on Public Private Partnership Investment Program - Treasury.gov Press Release
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Make or Break Time for Geithner: The Treasury fire-fighter - FT.com 
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U.S. Rounding Up Investors to Buy Bad Assets - By ANDREW ROSS SORKIN, ERIC DASH and RACHEL L. SWARNS -  … But some executives at private equity firms and […]

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Federal Reserve Will Fail With Quantitative Easing - By: Trace Mayer, J.D. - Run To Gold
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U.S. bank rescue plan could come on Monday: report - … The plan would create an entity, backed by the Federal Deposit Insurance Corp … to buy and hold loans …  would expand a newly launched Federal Reserve facility — […]

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