Jan 18
Now it begins. The President and the Chairman of the Federal Reserve
admitted on Thursday (whether belatedly or not is for others to
determine) that the U.S. economy is taking a header, and yes something
needs to be done about it but, no, we aren’t quite ready yet to announce
exactly what.
Bernanke’s words were hardly out of his mouth before the
National Association of Realtors® (NAR) posted its list
of suggestions.
“We believe that any stimulus package must address housing
issues and increasing the confo
rming loan limits for these two GSEs…”