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Foreclosure Sky-High Rates – Janet Yellen “Deeply Concerned”

Monday, July 28th, 2008

At a conference on community stabilization in the wake of the housing crisis in Los Angeles, the President of the San Francisco Federal Reserve Bank, Janet Yellen, has expressed her concern about the raising rate of foreclosure. She is very much worried about its negative effects on not only real estate owners but also on [...]

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