Relevant:
- Bank of America Sued by HSH Nordbank Over Mortgage Bonds
- U.K. Mortgage-Approvals Report Adds to `Downbeat' Data on Housing Market
- NHB says oversupply condition in housing market, hints at price correction
- U.K. August House Prices Fall For A Second Month, Hometrack Says
- Housing Remains in Deep Slump as Consumers Stay on the Sidelines
2011-10-07 — businessweek.com
""Until the housing market heals and works through its imbalances, the US recovery will be unable to build momentum," Michelle Meyer, an economist with Bank of America, wrote in an Oct. 5 research report. "And if the economy were to fall back into recession, the fragile condition of the housing market would make it a more potent one.""
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