Photographer: David Calvert/Bloomberg
The tracks in the Nevada snow? Underwater homeowners walking away from their homes.
Under new rules, Fannie and Freddie won't try to collect "deficiency judgement," pursuing home owners for the remaining debt on houses they've walked away from. Sounds like a generous move. It's not.
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Vote in the Cypriot legislature against the bank deposit tax, with 19 abstentions.
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