Last week, Ben Bernanke, chairman of the Federal Reserve, said "Realistic public- and private-sector policies must take into account the fact that traditional foreclosure avoidance strategies may not always work well in the current environment." The Chairman's comments came as foreclosure filings of all kinds -were up 112% during the first three months of 2008 compared with the same period a year ago. San Diego CA real estate agents
3 thoughts on “Fed Chairman …’traditional’ approaches to foreclosure crisis may not be good enough”
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If ‘traditional’ approaches aren’t going to pull us out of this recession than what will??
Travis
San Diego County Cosmetic Surgery
In the long term real estate always bounces back and people should take advantage of these slow periods if they really want to get a good return on their investments.
Ellen
San Diego Plastics-Breast Lifts