It’s Official: Voluntary Housing Foreclosure Relief Isn’t Working» http://thinkprogress.org/wonkroom/2008/04/23/voluntary-foreclosure/ Our guest blogger is Ed Paisley, Vice President for Editorial at the Center for American Progress. foreclosureThe Bush Administration and its conservative allies in Congress, including presumptive presidential nominee John McCain (R-AZ), continue to insist
It’s Official: Voluntary Housing Foreclosure Relief Isn’t Working» http://thinkprogress.org/wonkroom/2008/04/23/voluntary-foreclosure/ Our guest blogger is Ed Paisley, Vice President for Editorial at the Center for American Progress. foreclosureThe Bush Administration and its conservative allies in Congress, including presumptive presidential nominee John McCain (R-AZ), continue to insist
Fannie Mae (FNM, Fortune 500) chief economist Doug Duncan isn't surprised by the swelling numbers. "It's been my view for a long time that foreclosures won't peak until the last three months of 2008," he said. And now that the nation in a recessionary economy, with job losses exceeding 400,000 a month, Duncan speculates that the foreclosure crisis may be drawn out even longer. http
Fannie Mae (FNM, Fortune 500) chief economist Doug Duncan isn't surprised by the swelling numbers. "It's been my view for a long time that foreclosures won't peak until the last three months of 2008," he said. And now that the nation in a recessionary economy, with job losses exceeding 400,000 a month, Duncan speculates that the foreclosure crisis may be drawn out even longer. http
