Sometimes it’s a wonder if the housing market is still salvageable. It’s just not that home sales are down and prices are depressed and that the major mortgage servicers are in hot water for alleged mess in processing foreclosure paperwork, it’s also that the solutions that the government has offered seem to not be working. With everything looking as bleak Read full article »
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Experts Offer Various Solutions For Saving The Housing Market
“One Size Fits All” Not Fit For Housing Problem, Says Rosengren
With the housing market continually declining, maybe it’s time to review the current policies and programs in place to save the economy. Federal Reserve Bank of Boston president Eric Rosengren offers an opinion on effectively revising these. At a Federal Reserve-sponsored conference last Thursday, named “REO and Vacant Property Strategies for Neighborhood Stabilization last”, attendees got to hear Rosenberg say that Read full article »
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