source: Financial Times
Five years after their rescue, Fannie and Freddie are posting robust profits of which investors want a share
Arizona dreaming: the US state was at the forefront of the housing crisis but Phoenix is now enjoying a boom
When Victor Vidales drives past the vacant homes that dot South Phoenix and Laveen, his concerns are now very different from two years ago. Instead of fearing irredeemable blight in the sprawling suburbs of the Arizona capital, he is wondering whose hands the houses are in and when they will put them on the market.