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Wednesday, April 30, 2008

No mortgage recovery until 2010

"We are going to have a period where we move through the trough," Daniel Mudd, Fannie Mae's chief executive officer, told a meeting of business reporters.

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1 comment:

Anonymous said...

I can deal with 2010. My husband and I would like to buy a house out here in California, but don't want to be tied down in it for longer than 5 or 6 years.