February 18, 2009
The American Recovery and Reinvestment Act of 2009 was signed into law Tuesday in Denver, Colorado.
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February 17, 2009
In anticipation of a strong, government-led stimulus plan, mortgage markets improved with fervor early last week only to fizzle with equal speed as efforts fell short of expectations. Neither the Fed, nor the Treasury nor Congress gave markets what they wanted. Between Monday and Friday, mortgage markets were essentially unchanged, ending a 4-week slide.
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