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Published daily in Bend, Oregon, by Western Communications, Inc. Copyright 2007.
By Charles W. Calomiris, Stanley D. Longhofer and William Miles / The Bulletin
August 10, 2008
Turmoil in the housing market has led to fears that home prices will drop precipitously, particularly if foreclosures force large numbers of homes onto the market in the coming year. Recently, these fears have driven financial stocks down and led to the government rescue of Fannie Mae and....
