Bernanke: High foreclosure rates hurt broad economy (EARTHtimes.org)

Story date: 2008-05-05 05:47:58
Added on: 2008-05-05 18:00:14

NEW YORK (Reuters) - Federal Reserve Chairman Ben Bernanke on Monday said conditions in mortgage markets remain strained, posing a threat to the economy, and urged steps be taken to prevent home foreclosure where possible.


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