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Archive for December 3rd, 2012

When Shrinkage Means Expansion

Monday December 3rd, 2012   •   Posted by K. Lloyd Billingsley at 9:33am PST   •   0 Comments

The election is over and as the nation advances toward the “fiscal cliff” many assume that the mortgage and financial crises are over. Some review is clearly in order. In September 2008 the federal government took over the mortgage giants Fannie Mae and Freddie Mac. During the 2012 election campaign, the U.S. Treasury Department…
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