2013-02-15ml-implode.com

Susan Wachter, a real estate professor at the Wharton School at the University of Pennsylvania, talking with Bloomberg's Lori Rothman on March 23rd of last year says that the foreclosure crisis is still a major threat to our country's economic recovery.

She also states clearly that, "Without Fannie, Freddie and FHA, there would simply be no (mortgage) market."



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