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Posts Tagged ‘mortgage fraud’

Mortgage madness: financial fraud in the housing market

Posted by seumasach on April 25, 2010

Mike Whitney

Global Research

24th April, 2010

Housing has been going sideways for seven months now, mainly due to lax lending standards (at FHA), the Firsttime Homebuyers Credit, and the Fed’s mortgage-backed securities (MBS) buyback program. But once the props are removed, the market will fall sharply.

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