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I'd venture to say this should get more attention than it does. Real estate was local. Glass-steagal (sp?) changed who is valuing the property and from where. Putting pressure on h…

I think it's also worth mentioning that these local banks are still bundling and selling mortgages as securities,therefore removing the risk of long term price and payment instabil…

Rings true to me. It also describes my experience as an attorney. What is most disturbing is it is a sign of a broken system. Chef, attorney, journalist, musician, professor, real …