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: Loan Modification & Home Loan News

Greenspan Says Drop in Home Prices Might Bring Back Recession

By Moe Bedard

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Image via Wikipedia Former Federal Reserve Chairman Alan Greenspan said the slowing economic recovery in the U.S. feels like a ?quasi-recession? and the economy might contract again if home prices decline. ?We?re in a pause in a recovery, a modest recovery, but a pause in the modest recovery feels like a quasi-recession,? Greenspan said in [...]

Full post as published by Loan Modification & Home Loan News on August 02, 2010 (boomark / email).

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