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Federal Reserve Chairman Ben Bernanke spoke Thursday on the state of housing and mortgage markets.
The Treasury Department is strongly considering a plan to intervene directly in the mortgage industry to dramatically force down rates and stimulate the housing market, according to sources familiar with the proposal, reports the Washington Post.
The Treasury Department is strongly considering a plan to intervene directly in the mortgage industry to dramatically force down rates and stimulate the moribund housing market, according to sources familiar with the proposal.
