Industry NewsMarkets & Economy

A grim 2008 in real estate

A look back at the year's top stories
Published on Dec 31, 2008

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by CareyBot

The Federal Reserve and federal government worked to lessen the impact of a financial disaster in 2008 through a series of unprecedented actions that included pumping hundreds of billions of dollars into banks and other financial companies and the takeover of secondary mortgage giants Fannie Mae and Freddie Mac.

Following is a list of 10 top news stories in 2008: