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U.S. home prices seen down over 40 percent: Barclays (Reuters) - Reuters - U.S. housing prices will fall by a double-digit percentage from already beaten-down levels, resulting in an overall 40 percent plunge by the time foreclosures peak in the second half of 2010, Barclays Capital economist Michelle Meyer said. Thu, 02 Jul 2009 19:56:55 GMT
Fannie, Freddie ease terms for mortgage refinance (Reuters) -

The headquarters of mortgage lender Fannie Mae is shown in Washington September 8, 2008. REUTERS/Jason ReedReuters - The Obama administration on Wednesday expanded its foreclosure prevention efforts to help a greater number of underwater homeowners refinance their mortgages.


Wed, 01 Jul 2009 21:57:34 GMT
Dollar slips vs euro, pound on mixed economic data (AP) - AP - The dollar was lower against most major currencies Wednesday on mixed economic reports that showed more stable manufacturing activity and a rise in pending home sales. Wed, 01 Jul 2009 20:21:49 GMT