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Economic and and financial news and analysis

If The Guilty (Mortgage Mafia) Are Never Punished, Housing Will Never Recover

The following is the executive summary of the Wall Street Examiner Professional Edition Housing Update. The complete report with illustrative charts and analysis is available to subscribers here. Housing data continues to be mixed. Lagging closed sales data shows prices still declining. However, the most current sales data represents January closings, which were mostly sales…