Industry NewsMarkets & Economy

The Year of the Bailout?

Cast your vote: Top real estate news story of 2008
Published on Dec 8, 2008

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by CareyBot

The federal government takes over mortgage giants Fannie Mae and Freddie Mac. Congress approves a spending package worth up to $700 billion in an effort to snap the credit crunch. IndyMac Bank fails. Bank of America absorbs Countrywide, JP Morgan ...