Due to the economy slowing down the Federal Reserve System has met and made two significant rate cuts: three-quarters of percentage point at an emergency meeting followed by a half a point eight days later in 2008. The Chairman of the Federal Reserve System, Ben Bernanke and Treasure Secretary, Henry Paulson is predicting the U.S. will avoid a recession. With the real estate market at a slow down I want to talk about real estate fraud schemes.
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