Threat of downturn derails housing recovery: Fannie Mae

Threat of downturn derails housing recovery: Fannie Mae:

The threat of another economic downturn is stalling a housing recovery, Fannie Mae said in a report Monday.

The economy remains in a fragile state and is highly susceptible to additional shocks that could further erode economic growth, according to a study provided by the government-sponsored enterprise's Economics & Mortgage Market Analysis group.
Fannie pointed to a rapid downturn in the economy, as one of the major factors.

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