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Regulators scratch heads over housing crisis as buyers redefault

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sometimes blinded

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Regulators are surprised that even after helping with the payments, default home owners are now re-defaulting.
But we shouldn't be too pessimistic. One administrator says "What we've done with ... Fannie and Freddie has the potential to be very powerful and we shouldn't lose sight of that."
Just what do they have in their sights?

Read the rest of the story HERE:

At www.reuters.com

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BS's and MS in math, chemistry, and geology. Have worked in rad con, chem labs, environmental monitoring, and education. Spent 2 years with research lab developing methods for remediation of contaminated sites (organic solvents and biological (more...)