“Over the past year, prices fell 3.1 percent between the first quarter of 2007 and the first quarter of 2008. This is the largest decline in the purchase-only index’s 17-year history.”
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- [U.S. banks face] challenging market conditions…[the collapse of the housing market has led to] a substantial deterioration in asset quality and earnings… [State banks also face] deteriorating credit conditions [this year].
- [youtube=http://www.youtube.com/watch?v=jAv6M1Bai0…
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