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Freddie Mac Bets Against American Homeowners
Freddie Mac, the taxpayer-owned mortgage giant, has placed multibillion-dollar bets that pay off if homeowners stay trapped in expensive mortgages with interest rates well above current rates. Freddie contends it is “actively supporting efforts for borrowers to realize the benefits of refinancing their mortgages to lower rates” more »
Befogged
On those foggy days, I arrived at the bus stop very damp despite my jacket. My fine hair was plastered to my head, and my braids, having escaped from their soggy ribbons, began to unbraid themselves. I well remember the day my new red ribbons, the product of cheap, war-time dyes, got so fog-wet that the color ran, staining the ends of my blonde braids pink
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'Castle Doctrine' Laws Provoke Heated Debate
When Sarah Dawn McKinley, of Blanchard, Oklahoma, shot and killed a burglar breaking into her home on New Year’s Eve, she was spared prosecution by the state’s “castle doctrine” law, which protects people who defend themselves against intruders. Oklahoma has one of the nation’s most expansive castle doctrine laws more »
Fed Reserve Governor Elizabeth Duke Suggests Some Some Housing Market Recovery Proposals
"Although there is no miracle cure here, these actions have the potential to help the economy recuperate more quickly than I currently expect it to, moving us closer to full employment sooner and improving the lives of many Americans." more »






