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Housing

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Businessinsider.com/

Who is the largest foreign holder of mortgage bonds from Fannie Mae and Freddie Mac? China. The nation owns $300 - $400 billion worth, which comes to nearly 20% of China's official currency reserves according to unofficial estimates via China Daily

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ZeroHedge.com

The two stocks that have been a perennial churn magnet for every liquidity-rebate collecting, and predatory HFT algorithm in existence, and on occasion have amounted to 20% of total market volume, have been halted...

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CalculatedRiskBlog.com

The second graph shows total and single unit starts since 1968. This shows the huge collapse following the housing bubble, and that housing starts have mostly been moving sideways for over a year.

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HousingDoom.com

Last week, three House members introduced a $15 billion stimulus bill to provide homebuilders with construction loans. Yep — the plan is to build more houses in an attempt to save the housing industry from its oversupply of houses. Irony just died.

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Businessinsider.com/

Hawaii -- 34% up since March, 2010. One in 348 homes received foreclosure filings in April. It's much worse in Maui where one in 187 homeowners got the note. Statewide, they're up 116% since April 2009. Source: Realtytrac.com

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