Day: August 12, 2010
Say Goodbye to Fannie and Freddie
In light of the Obama administration’s conference concerning what to do with Fannie and Freddie, William Poole, a senior fellow with the Cato Institute, offers his recommendation… shut ‘em down. Read the full Op-Ed in The New York Times
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Fannie and Freddie’s Foreclosure Barons
How the federal housing agencies –– and some of the biggest bailed-out banks –– are helping shady lawyers make millions by pushing families out of their homes. Read the full article in Mother Jones
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Tracy, Ca pair charged in $4.5 m real estate scam
Authorities have capped a three-year investigation into the defunct Ward Real Estate Brokerage & Foreclosure Services Inc. in Tracy, arresting its chief executive and another woman on charges they stole $4.5 million through a house-flipping scheme promising big returns. Read the full article from The Contra Costa Times
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