Relevant:
- ML Editorial: What Everyone's Missing On Fannie and Freddie
- Fed Who? 30-yr Fixed Rates Dip as MBS Prices Rise
- Risk of House Price Decline Slightly Shrinks in PMI Index
- U.S. housing has added problem: mortgage insurance
- Joplin ranked as one of best in the nation for housing price appreciation in 2009 w/ home price calculator
2007-12-08 — itulip.com
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The desire by Bush and Paulson to put the U.S. mortgage train back on the rails via price-fixing mortgage rates is understandable, but the results will be the same as for any price-fixing operation: economic activity will decline as capital is withdrawn from the markets."
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