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US housing downturn brings long-term pain

Story date: 2007-10-16 05:23:00
Added on: 2007-10-16 19:00:47


News.com.au - Mr Paulson said the GSEs could also increase the flow of funds to refinance subprime borrowers if they securitized a greater number of their prime mortgages into a well-functioning market for such GSE mortgage securities. He also said financial ...


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