|
|
Browse by Tags
All Tags » housing bubble (RSS)
-
The U.S. housing market contains a nearly $4 trillion negative equity hole, according to Williams Emmons, an economist with the Federal Reserve Bank of St. Louis.
Emmons made that statement while speaking at HousingWire's 2012 REthink Symposium.
The Fed Bank economist said it would take $3.7 trillion, much more
than the $25 billion ...
-
The US government reached, on Thursday, what is being touted as a landmark deal, with some of the nation's biggest mortgage lenders -- Bank of America, Citigroup, JPMorgan Chase, Wells Fargo and Ally Financial -- over foreclosure and mortgage abuses which occurred after the burst of the housing bubble.
The deal requires five of the largest ...
|
|
|