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May 16, 2008

Today's Housing Bubble Post -- Here We Go Again!

-- by Dave Johnson

Haven't had enough of foreclosures and financial crises? Don't worry, there's more to come. This pretty much guarantees it: Fannie Mae eases down payment rules,

Fannie Mae said Friday it is easing rules on down payments on home mortgages, replacing a policy that required higher payments in markets where home prices are declining.

Posted by Dave Johnson at May 16, 2008 8:13 AM

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