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Tagged: featured, congress, fdr, mortgages, fed, fnm, new deal, fre, foreclosures, gdp, u s economy, bond market, freddie mac, u s congress, fannie mae, banking sector, credit markets, mortgage backed securities, u s federal reserve, asset backed securities, u s treasury
Filed under: Forecasts, Housing, Federal Reserve, Recession Sometimes -- but by no means always -- the stupid questions are the most illuminating. Tuesday's 'stupid question' concerns stress and the U.S. economy. Namely, could the U.S. economy handle more housing stress? Or, put another way, what would the U.S. economy look like with another round of major write-offs for housing-related losses? … Continue Reading »